Quarterly ResultApr 30, 2026, 04:16 PM
RHP Q1 Revenue +13.2% to $664.6M; Net Income +10.1%; Raises Outlook
AI Summary
Ryman Hospitality Properties, Inc. reported record first quarter 2026 financial results, with consolidated revenue up 13.2% to $664.6 million and consolidated net income increasing 10.1% to $69.4 million. The company also achieved record Adjusted EBITDAre of $219.3 million. Due to this strong performance, RHP is raising its full-year outlook. Additionally, the company completed a $700 million debt refinancing and announced a new Ole Red location in Indianapolis.
Key Highlights
- RHP Q1 2026 consolidated revenue reached a record $664.6 million, up 13.2% YoY.
- Same-store Hospitality segment revenue was a record $511.5 million, up 2.8% YoY.
- Consolidated net income hit a record $69.4 million, up 10.1% YoY.
- Consolidated Adjusted EBITDAre was a record $219.3 million, up 18.2% YoY.
- Company booked over 460,000 same-store Hospitality Gross Definite Room Nights.
- Completed private placement of $700 million senior unsecured notes due 2034, redeeming notes due 2027.
- Opry Entertainment Group announced a seventh Ole Red location in Indianapolis, opening late 2027.
- Same-store Hospitality RevPAR increased 2.1% and Total RevPAR increased 2.8% YoY.