Filing Flows › Ryman Hospitality Properties (RHP) › Guidance & outlook
Ryman Hospitality Properties (RHP) guidance and outlook
Ryman Hospitality Properties' 10-Q filed Nov 3, 2026 makes 13 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 3, 2026
- Discussions are continuing, and after any transaction, we expect to remain an owner of OEG and continue to benefit from its future growth.
- Our board of directors has approved a dividend policy pursuant to which we will make minimum dividends of 100% of REIT taxable income annually, subject to the board of directors’ future determinations as to the amount of any distributions and the timing thereof.
- We will consider attractive investment opportunities which meet our acquisition parameters, specifically, group-oriented large hotels and overflow hotels with existing or potential leisure appeal.
- In early 2024, we identified over $1 billion in capital investment opportunities across our entire hotel portfolio, comprised of projects that we anticipate completing in phases through 2027.
- In 2024, we completed a $98 million multi-year interior and exterior enhancement project at Gaylord Rockies to better position the property for our group customers.
- To this end, we have purchased Block 21, invested in six Ole Red locations and recently announced the planned development of a seventh Ole Red location that is expected to open in early 2028, opened our second Category 10 in October 2026 and have announced the development of an additional Category 10 location that is expected to open in mid-2028, purchased a majority interest in Southern Entertainment in January…
- Our dividend policy provides that we will make minimum dividends of 100% of REIT taxable income annually, subject to the board of directors’ future determinations as to the amount of any distributions and the timing thereof.
- Purchases of property and equipment consisted primarily of rooms renovations at JW Marriott Hill Country and Gaylord Texan; projects at Gaylord Opryland, including a meeting space expansion and the development of a sports bar, pavilion and event lawn; the construction of Category 10 Las Vegas; and ongoing maintenance capital expenditures for each of our existing properties.
- We anticipate investing in our operations during the remainder of 2026 by spending between approximately $90 million and $140 million in capital expenditures, which includes the meeting space expansion at Gaylord Opryland; the rooms renovation at JW Marriott Hill Country; and ongoing maintenance capital for each of our current facilities .
- At this time, the scope of our multiyear capital program remains unchanged; however, the discrete nature of the projects in the pipeline allows us to take a flexible approach to evolving macroeconomic conditions.
- Further, our dividend policy provides that we will make minimum dividends of 100% of REIT taxable income annually.
- We believe we will be able to refinance our debt agreements prior to their maturities.
Ryman Hospitality Properties' latest quarter
Ryman Hospitality Properties, Q3 2026: revenue $656M (+11% year over year), operating margin 14.4%, net earnings $40.2M, operating cash flow $194M. The chart follows the revenue to costs, profit and cash.
Questions
What does Ryman Hospitality Properties expect?
Discussions are continuing, and after any transaction, we expect to remain an owner of OEG and continue to benefit from its future growth. Our board of directors has approved a dividend policy pursuant to which we will make minimum dividends of 100% of REIT taxable income annually, subject to the board of directors’ future determinations as to the amount of any distributions and the timing thereof. We will consider attractive investment opportunities which meet our acquisition parameters, specifically, group-oriented large hotels and overflow hotels with existing or potential leisure appeal.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.