Ryman Hospitality Properties, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 22, 2024 at 04:30 pm
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Ryman Hospitality Properties, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 191.09 million compared to USD 177.51 million a year ago. Revenue was USD 633.06 million compared to USD 568.88 million a year ago. Net income was USD 142.13 million compared to USD 58.09 million a year ago. Basic earnings per share from continuing operations was USD 2.38 compared to USD 1.05 a year ago. Diluted earnings per share from continuing operations was USD 2.37 compared to USD 1.03 a year ago.
For the full year, sales was USD 701.14 million compared to USD 595.54 million a year ago. Revenue was USD 2,158.14 million compared to USD 1,805.97 million a year ago. Net income was USD 311.22 million compared to USD 128.99 million a year ago. Basic earnings per share from continuing operations was USD 5.39 compared to USD 2.34 a year ago. Diluted earnings per share from continuing operations was USD 5.36 compared to USD 2.33 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.