RHP - Ryman Hospitality: A REIT Buying Opportunity With Yield And Spin Off Potential

2024-05-19 00:06:13 ET

Summary

• Ryman Hospitality Properties is an attractive REIT investment opportunity with prime properties, growing revenues, and a strong dividend.
• The stock has experienced a recent pullback, presenting a buying opportunity, and may soon test its 52-week high.
• The potential spinoff of Opry Entertainment Group could unlock significant shareholder value, capitalizing on the growing popularity of country music.

Ryman Hospitality Properties ( RHP ) is an intriguing REIT investment opportunity for a number of reasons. It is a big part of the music scene, especially when it comes to country music, it also has multiple properties that are in prime locations with strong demographics, and it is growing revenues as well as the dividend. This company owns some very popular properties including the Gaylord Opryland Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord Palms Resort & Convention Center, and others....

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