Benzinga | Jan 26, 2021 05:34PM EST

Ryman Hospitality Properties Sees Q1 2021 Higher Monthly Cash Burn Than Actual Q4 2020 Due To Seasonally Slower Transient Demand Pace

Ryman Hospitality Properties, Inc. Provides Business Update and Investor Supplement

NASHVILLE, Tenn., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE:RHP) today provided a business update and supplemental information. The supplement can be located on the company's website under Investor Relations Home / News & Events / Presentations & Transcripts ( http://ir.rymanhp.com/index.php/events-and-presentations/presentations).



About Ryman Hospitality Properties, Inc.

Ryman Hospitality Properties, Inc. (NYSE:RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company's core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International. The Company also owns two adjacent ancillary hotels and a small number of attractions managed by Marriott International for a combined total of 10,110 rooms and more than 2.7 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company's Entertainment segment includes a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium, WSM 650 AM; Ole Red and Circle, a country lifestyle media network the Company owns in a joint-venture partnership with Gray Television. The Company operates its Entertainment segment as part of a taxable REIT subsidiary.

*The Company is the sole owner of Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; and Gaylord National Resort & Convention Center. It is the majority owner and managing member of the joint venture that owns Gaylord Rockies Resort & Convention Center.

Investor Relations Contacts: Media Contacts:Mark Fioravanti, President & Chief Shannon Sullivan, Vice PresidentFinancial Officer Corporate and Brand CommunicationsRyman Hospitality Properties, Inc. Ryman Hospitality Properties, Inc.(615) 316-6588 (615) 316-6725mfioravanti@rymanhp.com ssullivan@rymanhp.com~or~ ~or~Todd Siefert, Senior Vice President Robert WintersCorporate Finance & TreasurerRyman Hospitality Properties, Inc. Alpha IR Group(615) 316-6344 (929) 266-6315tsiefert@rymanhp.com robert.winters@alpha-ir.com