Ryman Hospitality Properties (RHP) Tops Q2 FFO Expectations; Updates FY16 Outlook
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Ryman Hospitality Properties, Inc. Reports Second Quarter 2016 Results
August 2, 2016 8:31 AM EDTSecond Quarter Net Income of $51.3 Million
Total Adjusted EBITDA of $99.1 Million
Same-Store RevPAR Increased 5.9 Percent, Same-Store Total RevPAR Increased 6.4 Percent
Second Quarter Gross Room Nights Booked for All Future Years Increased 13.5 Percent
Updates Full-Year Guidance
NASHVILLE, Tenn.--(BUSINESS WIRE)-- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the second quarter ended June 30, 2016.
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