Ryman Hospitality Properties reported record second-quarter revenue of $749.0 million, up 13.6% year over year, and raised its full-year 2026 adjusted EBITDAre guidance to a range of $878 million to $910 million. Net income rose to $102.1 million, or $1.42 per diluted share, from $75.9 million a year earlier, while adjusted EBITDAre increased 21.9% to $258.3 million. Same-store hospitality revenue grew 6.5% to $544.3 million, driven by higher average daily rates, and entertainment segment revenue reached an all-time quarterly record of $144.0 million. The company also raised its same-store hospitality adjusted EBITDAre guidance by $10 million at the midpoint to $735.0 million and increased capital expenditure guidance to $400 million to $500 million for 2026, reflecting acceleration of projects previously planned for 2027. Management noted that group rooms revenue pace for all future periods was up 8.8% as of the end of July, and the board continues to evaluate potential new investors or partners in Opry Entertainment Group.
Ryman Hospitality Properties IncRecord Q2 revenue and raised full-year guidance indicate strong financial performance.
Board continues to evaluate potential new investors or partners, but no definitive outcome.
