Ryman Hospitality Raises 2026 Outlook on Record Quarter
Ryman Hospitality Properties reported third-quarter revenue growth of 10.7% and raised its full-year adjusted FFO guidance midpoint.
Updated on Nov. 3, 2026 in Hospitality
Ryman Hospitality Properties reported record third-quarter revenue of $655.801 million, up from $592.458 million a year earlier. The company also raised its 2026 adjusted FFO guidance midpoint to $9.29 per diluted share or unit, from $9.08.
Why it matters
The revenue gain and higher outlook point to continued demand strength in the company's hospitality and entertainment businesses. Higher guidance signals management's expectation that growth will carry through the remainder of the year.
Third-quarter adjusted FFO was $1.79 per diluted share or unit, and net income available to common stockholders was $0.58 per diluted share. Adjusted EBITDAre totaled $191.795 million, while Entertainment revenue rose 1.5% to $92.989 million.
The players
Ryman Hospitality Properties
A Nashville-based real estate investment trust that owns large convention-focused hotels and entertainment properties.
The details
Growth was driven largely by same-store Hospitality revenue, which rose 8% to $501.750 million. Net income for the quarter totaled $39.677 million, and the company's updated guidance projects adjusted FFO per diluted share growing about 10% year over year at the midpoint.
Timeline
Sept. 30, 2026: Third quarter ended and revenue was reported for the period.
Nov. 3, 2026, 10 a.m. ET: Conference call scheduled to discuss results.
Market Landscape
The guidance increase places Ryman Hospitality Properties in a position of sustained convention and group-travel demand, which it has been relying on since its prior outlook of $9.08 per diluted share or unit. The upward revision suggests the company is outpacing its earlier expectations for the year.
Investors tracking the company's per-share guidance will watch whether the raised $9.29 midpoint holds through the next earnings cycle. Revenue growth in convention and group bookings can also indicate pricing and occupancy trends for travelers and event planners.
The takeaway
Consistent revenue growth paired with rising guidance suggests demand for large-scale hospitality remains resilient. Readers following the sector can use quarterly guidance revisions as a useful gauge of operating momentum.
What happens next
The company will hold a conference call on Nov. 3, 2026, at 10 a.m. ET to discuss third-quarter results and its updated outlook.
Further reading
Explore more Hospitality coverage to see how hotel and resort operators are performing across the country.
Source note: This article includes information reported by TokenPost.
