Ryman Hospitality Reports Record Q3 2026 Revenue and EBITDA Driven by Strong Group Demand
Ryman Hospitality Properties, Inc. (RHP) reported record consolidated revenue of $655.8 million for the third quarter of 2026, fueled by significant growth in both its hospitality and entertainment segments. The company saw a 7.9% increase in same-store Revenue Per Available Room (RevPAR) to $187.49, supported by robust demand from both group and leisure travelers. A key driver was the record Hospitality Booking Average Daily Rate (ADR) of $293. The company's strategic acquisition of Grande Lakes Orlando in September 2026 has been integrated into its portfolio, contributing to a pro forma net leverage of 4.4x. While hospitality performance exceeded expectations, the entertainment segment faced headwinds due to operational disruptions at the General Jackson Showboat. Despite these challenges, RHP issued optimistic 2026 Adjusted EBITDAre guidance of $920 million to $947 million and projected a 10% growth in AFFO per share.
Tickers: $RHP
Topics: debt issuance EBITDA entertainment guidance hospitality revenue growth