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The hotel industry is focused on the provision of short-term lodging, including hotels and motels, as well as accommodation-related services. The hotel industry is split into two main categories of companies: C-corporation hotels such as Marriott International Inc. and Hilton Worldwide Holdings Inc.; and hotel real estate investment trusts (REITs) such as DiamondRock Hospitality Co. and Park Hotels & Resorts Inc.
NASHVILLE, Tenn., Sept. 14, 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 announced that it will present to investors attending the Deutsche Bank 2022 Leveraged Finance Conference being held in Scottsdale, AZ, on Wednesday, September 21, at 10 a.m. MT. Mark Fioravanti, president, will participate in a fireside chat. Additionally, Fi
The idea is “growth only” for these real estate investment trusts (REITs), none of which pay dividends. Investors in these REITs anticipate greater funds from operations without the worry about interest rate moves that dividend-paying funds have. Money being made stays with the company so that it can increase profitability and enhance long-term value. These investments are not for those interested in regular quarterly or monthly payments, a feature of most REITs. Will the underlying value of the
NASHVILLE, Tenn., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“RHP”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, announced today that it will release its third quarter 2022 earnings results after the market closes on Monday, October 31, 2022. Management will hold a conference call to discuss the quarter's results at 10:00 a.
Ryman Hospitality Properties Inc (NYSE: RHP) has reinstated its quarterly dividend by declaring a dividend of $0.10 per share. The dividend is to be paid on October 17, 2022, to stockholders of record as of September 30, 2022. The company’s new interim dividend policy is a minimum dividend of 100% of REIT taxable income annually. “In light of our recent strong financial performance and continuing path to recovery, I am pleased to report that our Board of Directors has reinstated the Company’s qu
NASHVILLE, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties (NYSE: RHP) (the “Company”), today announced that the Company has declared a quarterly cash dividend of $0.10 per common share, to be paid on October 17, 2022, to stockholders of record as of September 30, 2022. The Company’s new interim dividend policy is a minimum dividend of 100% of REIT taxable income annually, subject to the Board of Directors’ future determinations as to the amount of quarterly distributions
CEO and Chairman of Ryman Hospitality Properties Colin Reed outlines his vision for Nashville as “one of the playgrounds of the planet," pointing to untapped Nashville tourism markets and discussing the future of his company.