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RHP News and Press, Ryman Hospitality Properties Inc. From 12/22/20

Stock Information

Company Name: Ryman Hospitality Properties Inc.
Stock Symbol: RHP
Market: NYSE
Website: rymanhp.com

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RHP - Ryman Hospitality extends credit facility waiver period to April 2022

Ryman Hospitality (RHP) gets an extended temporary waiver of all financial covenants through April 1, 2022 on its credit agreement governing its $700M revolving credit facility, $300M term loan A facility and its term loan B facility (of which $382.55M is outstanding).The amend...

RHP - Ryman Hospitality Properties, Inc. Successfully Extends Credit Facility Waiver Period

NASHVILLE, Tenn., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced that today it completed a second amendment to the credit agreement governing its $700 million revolving credit facility, $300 millio...

RHP - 6 Reasons To Ditch High Yield REITs

High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...

RHP - Most REIT Investors Buy Trash

Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...

RHP - Here's the Best Stock I Bought in 2020

When the coronavirus outbreak spread across the United States and the stock market crashed in March, it was certainly a scary time. But it was also a great opportunity for long-term investors to add great companies to their portfolios at fire-sale prices. As Warren Buffett says, when it...

RHP - Vaccine Powers REITs To Historic Rebound

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

RHP - 2 Big Post-Pandemic Tailwinds for Ryman Hospitality Properties

2020 hasn't been a good year for Ryman Hospitality Properties (NYSE: RHP) . In a nutshell, it's a bad time to be a group-focused hotel owner when group events aren't a thing. However, two of our REIT experts think some of the moves Ryman is making now could lead to an even stron...

RHP - Ryman Hospitality Properties: Here's Why This Hotel REIT Is Worth Owning

Ryman Hospitality Properties (NYSE: RHP) is certainly hurting this year. At a time when conventions, conferences, and other large events are just not happening, it's not a great time to own group-focused hotel properties. However, there could still be a very bright future for this c...

RHP - Hotel stocks, lodging REITs have room to run on COVID recovery, Bofa says

Even with Monday's rally in hotels and lodging REIT due to encouraging data from Pfizer's COVID-19 vaccine candidate, the stocks have "more room to run," writes Bank of America Securities analyst Shaun Kelley.BofA tilted positive on the hotel sector in late September, noting the sector is ear...

RHP - Here's Why Ryman Hospitality Properties, EPR Properties, and Other Beaten-Down REIT Stocks Are Soaring

To say that the stock market was having a strong day on Monday would be a massive understatement. Thanks to positive COVID-19 vaccine trial data, the Dow Jones Industrial Average opened at an all-time high, and as of 10:30 a.m. EST, the S&P 500 was higher by more than 3.2%. ...

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