Record-Breaking Third Quarter Revenue
Ryman Hospitality Properties reported consolidated total revenue of $550 million, a record for the third quarter, up 4.1% year-over-year.
Strong Performance in Hospitality Segment
The same-store hospitality segment achieved third quarter record RevPAR growth of 2.1% and total RevPAR growth of 4.2%. ADR reached a third quarter record of $245, up 6.2% year-over-year.
Entertainment Segment Growth
The Entertainment segment reported revenue of $83 million, a third quarter record, driven by strong performance of the Ole Red Las Vegas venue.
Successful Capital Investments
Major capital investments nearing completion, including the launch of Category 10 in Nashville with country music superstar Luke Combs, expected to drive future revenue.
Positive Future Bookings
Same-store group rooms revenue on the books for 2025, 2026, and 2027 were up 2%, 12%, and 10%, respectively, compared to the previous year.