Ryman Hospitality Q1 2026 Earnings Release with Record Results and Guidance Increase

Ryman Hospitality Properties reported strong first quarter 2026 results with record consolidated revenue of $664.6 million, up 13.2% year-over-year, and record consolidated net income of $69.4 million. The company achieved record first quarter same-store Hospitality segment revenue of $511.5 million and consolidated Adjusted EBITDAre of $219.3 million. Key highlights include booking over 460,000 same-store Hospitality Gross Definite Room Nights with an estimated ADR of $303, a 6.7% increase. The company completed a $700 million senior notes refinancing, redeeming 2027 notes with 2034 notes. Due to strong performance, Ryman raised its full-year 2026 guidance, increasing same-store Hospitality RevPAR growth guidance midpoint from 2.5% to 3.0% and consolidated Adjusted EBITDAre guidance midpoint from $870.5 million to $883.0 million. The company also announced development of a seventh Ole Red location in Indianapolis and completed several capital projects including Foundry Fieldhouse at Gaylord Opryland.