RYMAN HOSPITALITY PROPERTIES REIT (RHP)
Real Estate · Hospitality REIT / Group Convention Resorts & Entertainment Venues · NYSE
Premier REIT specializing in upscale, group-oriented convention resort hotels plus a portfolio of iconic live music and entertainment venues across North America.
What RYMAN HOSPITALITY PROPERTIES REIT does
Ryman Hospitality Properties is a REIT that operates a portfolio of upscale, group-oriented destination resort hotels under the Gaylord Hotels and JW Marriott brands, managed by Marriott. The company also owns an approximate 70% controlling equity interest in the Opry Entertainment Group, which operates the Grand Ole Opry, Ryman Auditorium, entertainment venues and music festivals across the country. Ryman generates revenues from hotel rooms, food and beverage, other hotel services, and entertainment operations.
Themes: ["group hospitality / convention resorts","destination resort hotels","live entertainment venues","music festivals and events","REIT / real estate investment","food and beverage operations","branded entertainment properties"]
Fundamentals
- Price$126.64 as of 2026-07-09 close
- Market cap$8.0B as of 2026-07-10
- 1-year return+24.0% as of 2026-07-09 close
- P/E31.83 as of 2026-07-10
- Net margin+9.4% as of 2026-07-10
- Gross margin+31.9% as of 2026-07-10
- ROE+33.0% as of 2026-07-10
- Debt / equity5.42 as of 2026-07-10
- Revenue growth (YoY)+10.7% as of 2026-07-10
- Revenue CAGR (3y)+12.6% SEC XBRL
- Beta1.22 as of 2026-07-10
Dividend: yield +3.8%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on group meetings and conventions market, which can be cyclical and sensitive to economic downturns and travel spending changes.","High debt levels ($3.97 billion as of March 31, 2026) relative to equity, creating financial leverage risk and dependence on refinancing ability.","Integration and performance risks related to recently acquired entertainment assets (Category 10, Southern Entertainment, Ascend Amphitheater) and expansion of OEG venues."]
Competitors & peers
- Marriott International (MAR) - operates many of the same guest-facing brands
- Hilton Hotels Corporation (HLT) - large-scale convention resort properties
- IHG Hotels & Resorts (IHG) - full-service convention and resort hotels
- Hyatt Hotels Corporation (H) - upscale resort and convention properties
- Park Hotels & Resorts (PK) - REIT focused on premium hotels
- Apple Hospitality REIT (APLE) - hotel-focused REIT
- Xenia Hotels & Resorts (XHR) - hotel REIT with upscale properties
- Live Nation Entertainment (LYV) - major competitor in live entertainment and venue management
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.