Quarterly ResultAug 7, 2026, 08:22 AM
Ryman Hospitality Q2 Revenue $749M, Net Income $102.1M; Raises FY26 Guidance
AI Summary
Ryman Hospitality Properties reported record financial results for the second quarter ended June 30, 2026, with consolidated revenue reaching an all-time high of $749.0 million and net income increasing 34.5% year-over-year to $102.1 million. The strong performance was driven by record same-store Hospitality and Entertainment segment revenues. Consequently, the company raised its full-year 2026 guidance for key financial measures, including consolidated Adjusted EBITDAre and net income, reflecting a more constructive view on second-half group business trends. The company also provided updates on capital expenditures and ongoing discussions regarding its Opry Entertainment Group.
Key Highlights
- Consolidated revenue reached an all-time quarterly record of $749.0 million.
- Consolidated net income was $102.1 million, up 34.5% YoY.
- Consolidated Adjusted EBITDAre was $258.3 million, up 21.9% YoY.
- Same-store Hospitality RevPAR increased 5.2% and Total RevPAR increased 6.5%.
- Full-year 2026 consolidated Adjusted EBITDAre guidance raised by $11.0 million at midpoint to $878.0M-$910.0M.
- Full-year 2026 net income guidance raised by $8.0 million at midpoint to $280.5M-$285.5M.
- Company paid a quarterly cash dividend of $1.20 per common share on July 15, 2026.
- Total debt outstanding was $3,969.5 million with $930.0 million available on credit facilities.
Price Impact
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