Ryman Hospitality Properties (RHP) Reports Q4 EPS Above Estimates, Revenues Miss
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Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2018 Results
February 26, 2019 8:31 AM ESTNASHVILLE, Tenn., Feb. 26, 2019 (GLOBE NEWSWIRE) -- 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 fourth quarter and full year ended December 31, 2018.
Fourth Quarter 2018 Results (as compared to Fourth Quarter 2017):
Consolidated Net Income Increased 120.1% to $159.2 Million (including a one-time gain)Consolidated Adjusted EBITDA Increased 2.3% to $108.7 MillionRevPAR increased 0.3% and Total RevPAR declined 0.7% Gross Advanced Bookings of 1.05 million room nights,... More