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Mar 31, 2023
Ryman Q1 2023 Earnings Report
Reported financial results for the first quarter of 2023, marked by record performances in both Hospitality and Entertainment segments.
Key Takeaways
Ryman Hospitality Properties reported a strong start to 2023, with both Hospitality and Entertainment segments achieving record results. The company's core group customers returned to pre-pandemic travel levels, and the resorts remained popular leisure destinations, contributing to strong rate growth. Demand for live entertainment exceeded internal expectations, leading to record first quarter revenue, operating income, and Adjusted EBITDAre for OEG. Based on this strong performance, the company raised its full-year 2023 guidance and increased the quarterly dividend.
Hospitality and Entertainment segments both achieved record results.
Core group customers returned to pre-pandemic travel levels.
Resorts remained popular leisure destinations, contributing to strong rate growth.
Company raised full-year 2023 guidance and increased the quarterly dividend.
Ryman
Ryman
Ryman Revenue by Segment
Revenue by Segment
Hospitality Revenue
CapyFin.comEntertainment Revenue
CapyFin.com Forward Guidance
The Company is updating its 2023 business performance outlook based on current information as of May 3, 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income