Acquisition of JW Marriott Desert Ridge
Ryman Hospitality Properties successfully acquired the JW Marriott Desert Ridge in Phoenix, a top acquisition target, and expects it to be accretive to FY '26 results.
Record Revenue in Entertainment Segment
The Entertainment segment delivered record revenue of $143 million and adjusted EBITDAre of $34 million, driven by recent investments in Category 10, Block 21, and Southern Entertainment.
Strong Group Demand for Future Years
Group rooms revenue on the books for 2026 and 2027 is up 9% and 10% compared to the same time last year for 2025 and 2026, with ADR growth in the mid-single digits.
Positive Performance at Gaylord Rockies and JW Marriott Hill Country
Both properties achieved all-time monthly records for revenue and adjusted EBITDAre in the quarter.