Ryman Hospitality Properties (RHP) Reports Q1 FFO of $0.63

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Ryman Hospitality Properties, Inc. Reports First Quarter 2022 Results

May 2, 2022 5:00 PM EDT

NASHVILLE, Tenn., May 02, 2022 (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 three months ended March 31, 2022.

First Quarter 2022 Highlights and Recent Developments:

Impacted by group cancellations early in the quarter due to the Omicron variant, the Company generated Q1 2022 Net Loss available to common shareholders of $(24.6) million and consolidated Adjusted EBITDAre of $69.0 million.Driven by strong leisure ADR and... More