Last $49.90 USD
Change Today +0.28 / 0.56%
Volume 432.4K
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As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

ryman hospitality properties (RHP) Snapshot

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ryman hospitality properties (RHP) Details

Ryman Hospitality Properties, Inc. owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince George’s County, Maryland. As of February 15, 2013, this segment’s network of resorts had 7,797 rooms. It also owns and operates the Inn hotel with approximately 303 rooms at Opryland. The company’s Opry and Attractions segment owns and operates Nashville-based tourist attractions, including the Grand Ole Opry, a live country music show; the Ryman Auditorium, a venue with approximately 2,300 seats for concerts and musical productions; the General Jackson Showboat, a 300-foot, four-deck paddle wheel showboat on the Cumberland river; the Gaylord Springs Golf Links, a clubhouse, which provides meeting space for approximately 500 guests; and the Wildhorse Saloon, a country music performance venue. This segment also operates WSM-AM, a radio broadcasting station. Ryman Hospitality Properties, Inc. qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ryman Hospitality Properties, Inc. was founded in 1955 and is headquartered in Nashville, Tennessee.

206 Employees
Last Reported Date: 02/28/14
Founded in 1955

ryman hospitality properties (RHP) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $740.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $475.2K
Senior Vice President of Asset Management
Total Annual Compensation: $275.2K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $265.1K
Senior Vice President of Investments and Desi...
Total Annual Compensation: $305.2K
Compensation as of Fiscal Year 2013.

ryman hospitality properties (RHP) Key Developments

Ryman Hospitality Properties Announces Ryman Auditorium Expansion

Ryman Hospitality Properties announced an approximately $14 million planned expansion and renovation of the Ryman's 1994 addition. The historic auditorium, restored in 1994, will remain unchanged. The proposed expansion and renovation will improve the Ryman Auditorium experience for both tour guests and concert attendees and will include an event space featuring a new, daytime tour attraction, which will provide a unique way to relive the Ryman Auditorium's storied past. The space will be available in the evenings for private functions. Other amenities include a dedicated café space, enhanced food and beverage services throughout the building and an expanded retail area with interior and exterior access. Renovation plans also include a new box office, additional restroom facilities and larger lobbies.

Ryman Hospitality Properties, Inc. Adds an Additional Senior Secured $400 Million Term Loan to Existing Credit Agreement

Ryman Hospitality Properties, Inc. announced it has added an additional senior secured $400 million term loan to its existing credit agreement. The new term loan matures in January 2021. The Term Loan B was fully drawn at closing and bears interest at a rate equal to LIBOR plus a 3.00% applicable margin, subject to a LIBOR floor of 0.75%. The Term Loan B is secured by a first mortgage lien on the real property of each of the company's Gaylord Hotels properties; pledges of the equity interests in the subsidiaries of the Company that own the Gaylord Hotels properties; the personal property of the company, the company's operating partnership and the guarantors of the Term Loan B; and all proceeds and products from the company's Gaylord Hotels properties. The lead arranger for the Term Loan B was Deutsche Bank Securities Inc. The joint bookrunners for the Term Loan B were Deutsche Bank Securities Inc., Wells Fargo Securities LLC, J.P. Morgan Securities, LLC, U.S. Bank, National Association and Merrill Lynch, Pierce, Fenner & Smith Incorporated. The proceeds received from the Term Loan B may be used, as the company may determine, to repay revolving loans under the company's existing credit facility and to repay the company's outstanding 3.75% convertible notes or to settle, in whole or in part, the warrant transactions entered into in connection with the issuance of the 3.75% convertible notes.

Ryman Hospitality Properties, Inc. Presents at 6(th) Annual Gabelli & Co. Movie & Entertainment Conference, Jun-05-2014 10:40 AM

Ryman Hospitality Properties, Inc. Presents at 6(th) Annual Gabelli & Co. Movie & Entertainment Conference, Jun-05-2014 10:40 AM. Venue: The Harvard Club: 27 W 44th St., New York, NY 10036, United States. Speakers: Colin V. Reed, Chairman, Chief Executive Officer and President, Mark Fioravanti, Chief Financial Officer and Executive Vice President, Stephen G. Buchanan, Executive Vice President of Opry Entertainment Group, Todd Siefert, vice president of corporate finance and treasurer.


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