Ryman Hospitality drops as Q1 beat and raised outlook meet attrition, entertainment margin worries
RHP•Ryman Hospitality Properties shares fell 4.84% to $100.97 on May 1, 2026 as investors digested its Q1 2026 results released April 30. Despite record revenue of $664.6 million and raised 2026 guidance, the report showed weaker entertainment profitability and higher group attrition.
1. What’s moving the stock
Ryman Hospitality Properties (RHP) is trading lower on Friday, May 1, 2026, following its first-quarter 2026 earnings release after Thursday’s close (April 30). The company reported record consolidated revenue and Adjusted EBITDAre and raised its full-year 2026 outlook, but investors appear focused on pockets of softness and risk signals inside the report—particularly weaker Entertainment segment profitability and rising group attrition—prompting profit-taking after the update.
