# Ryman Hospitality Properties

> Ryman Hospitality Properties is a publicly traded lodging REIT that owns large, group-oriented destination resorts managed by Marriott and holds a controlling interest in Opry Entertainment Group. Its business combines hotel rooms, meeting space, catering and leisure amenities with country music venues and experiences.

- **Founded:** 1956
- **Headquarters:** Nashville, United States
- **Founders:** Edward L. Gaylord (Founder of predecessor Gaylord Entertainment; not founder of the 2012 REIT entity)
- **Products:** Gaylord convention resorts, JW Marriott San Antonio Hill Country Resort & Spa, JW Marriott Phoenix Desert Ridge Resort & Spa, Grande Lakes Orlando, Opry Entertainment Group
- **Notable:** Completed the Marriott management transaction in October 2012 and elected REIT status effective January 2013., Reported approximately $2.6 billion in FY2025 revenue and $247.3 million in net income., Expanded beyond Gaylord-branded resorts with the 2023 Hill Country and 2025 Desert Ridge acquisitions.

## Products & services

- **Gaylord convention resorts** — Owned group-oriented resorts in Nashville, the Orlando area, the Dallas area, National Harbor and the Denver area; managed by Marriott.
- **JW Marriott San Antonio Hill Country Resort & Spa** — Group and leisure resort acquired for approximately $800 million in June 2023.
- **JW Marriott Phoenix Desert Ridge Resort & Spa** — 950-room resort acquired for approximately $865 million on June 10, 2025.
- **Grande Lakes Orlando** — JW Marriott and Ritz-Carlton resort campus acquired September 1, 2026 for approximately $1.38 billion; 1,592 rooms in total.
- **Opry Entertainment Group** — Controlled entertainment subsidiary with the Grand Ole Opry, Ryman Auditorium, WSM, Ole Red, Category 10, Block 21 and a majority interest in Southern Entertainment.

## Achievements

- Completed the Marriott management transaction in October 2012 and elected REIT status effective January 2013.
- Reported approximately $2.6 billion in FY2025 revenue and $247.3 million in net income.
- Expanded beyond Gaylord-branded resorts with the 2023 Hill Country and 2025 Desert Ridge acquisitions.
- Completed the approximately $1.38 billion Grande Lakes Orlando acquisition in September 2026.

## Latest updates

- **2026-09** — Closed Grande Lakes Orlando acquisition for approximately $1.38 billion and revised 2026 outlook.
- **2026-08** — Reported Q2 results; continued evaluating greater independence for OEG and discussions with potential investors. No investment agreement had been entered into as of the August 6 release.
- **2026-06** — Completed the Foundry Fieldhouse, pavilion and event lawn development at Gaylord Opryland and the Desert Ridge meeting-space conversion during Q2.

## Links

- Website: https://www.rymanhp.com/
- LinkedIn: https://www.linkedin.com/company/ryman-hospitality-properties

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Profile page: https://yespress.io/ryman-hospitality-properties
Published by YesPress — https://yespress.io
Last updated: 2026-10-23