Ryman Hospitality Properties Reports Record Q3 Revenue and Projects 10% AFFO Growth
Ryman Hospitality Properties (RHP) reported a standout third quarter, achieving record consolidated revenue and adjusted EBITDAre. The company's performance was driven by strong demand within its hospitality segment, marking a significant milestone in its recent financial trajectory. Looking ahead, management has provided guidance projecting nearly 10% growth in Adjusted Funds From Operations (AFFO) per share at the midpoint of their estimates. This growth is expected to be supported by strategic portfolio shifts, including the integration of Grande Lakes and the planned wind-down of General Jackson operations.
Tickers: $RHP
Topics: EBITDA hospitality demand revenue growth
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Part of the story Ryman Hospitality Properties Reports Record Q3 Revenue and Projects 10% AFFO Growth (3 articles)