Ryman Hospitality Properties releases transcript of Q2 2026 earnings call
RHP•Capital spending outlook increased
The company lifted its 2026 capital spending outlook to $400 million-$500 million, about $50 million higher at the midpoint, due to accelerated 2027 projects.
Quarterly results beat expectations
Ryman Hospitality Properties held its Q2 2026 earnings call with Executive Chairman Colin Reed, CEO Mark Fioravanti, CFO Jennifer Hutcheson, and COO Patrick Chaffin.
Same-store results beat expectations: RevPAR and total RevPAR were about 2.5 points higher, and adjusted EBITDAre was about $7 million above plan.
Opry Entertainment Group discussions continue
The board continues talks with select potential investors or partners in Opry Entertainment Group.
Ryman said no agreement has been reached, and any deal would likely result in divestment proceeds.
Guidance raised for same-store hospitality adjusted EBITDAre
The company raised its same-store hospitality adjusted EBITDAre guidance midpoint by $10 million.
Ryman said the increase reflects the Q2 beat and a stronger group base in the second half of the year.
