Ryman Hospitality Properties (RHP) Reports 1Q Revenues Beat
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Ryman Hospitality Properties, Inc. Reports First Quarter 2020 Results
May 7, 2020 8:01 AM EDTNASHVILLE, Tenn., May 07, 2020 (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 first quarter ended March 31, 2020.
First Quarter 2020 Results (as compared to First Quarter 2019):
Hospitality RevPAR decreased 20.6% and Hospitality Total RevPAR decreased 16.3% Consolidated Net Income Available to Common Shareholders declined 258.2% to a loss of $46.5 million including approximately $33 million in non-cash charges Consolidated Adjusted EBITDAre decreased 41.8% to... More