Ryman Hospitality Properties, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
February 25, 2022 at 03:11 am IST
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Ryman Hospitality Properties, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 125.48 million compared to USD 38.3 million a year ago. Revenue was USD 377.43 million compared to USD 126.52 million a year ago. Net loss was USD 5.98 million compared to USD 79.72 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 1.45 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 1.45 a year ago.
For the full year, sales was USD 328.87 million compared to USD 171.72 million a year ago. Revenue was USD 939.37 million compared to USD 524.48 million a year ago. Net loss was USD 176.97 million compared to USD 417.39 million a year ago. Basic loss per share from continuing operations was USD 3.21 compared to USD 7.59 a year ago. Diluted loss per share from continuing operations was USD 3.21 compared to USD 7.59 a year ago.
Ryman Hospitality Properties, Inc. is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Companyâs holdings include Gaylord Opryland Resort & Convention Center, Gaylord Palms Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord National Resort & Convention Center, and Gaylord Rockies Resort &Convention Center, which are non-gaming convention center hotels in the United States based on total indoor meeting space. It also owns the JW Marriott San Antonio Hill Country Resort & Spa, as well as two ancillary hotels adjacent to its Gaylord Hotels properties. Its hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms, as well as more than three million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company also owns an interest in Opry Entertainment Group.