Ryman Hospitality Properties, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 02, 2022 at 05:00 pm
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Ryman Hospitality Properties, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 101.59 million compared to USD 28.23 million a year ago. Revenue was USD 299.14 million compared to USD 84.18 million a year ago. Net loss was USD 24.62 million compared to USD 104.52 million a year ago. Basic loss per share from continuing operations was USD 0.45 compared to USD 1.9 a year ago. Diluted loss per share from continuing operations was USD 0.45 compared to USD 1.9 a year ago.
Ryman Hospitality Properties, Inc. is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Companyâs holdings include Gaylord Opryland Resort & Convention Center, Gaylord Palms Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord National Resort & Convention Center, and Gaylord Rockies Resort &Convention Center, which are non-gaming convention center hotels in the United States based on total indoor meeting space. It also owns the JW Marriott San Antonio Hill Country Resort & Spa, as well as two ancillary hotels adjacent to its Gaylord Hotels properties. Its hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms, as well as more than three million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company also owns an interest in Opry Entertainment Group.