Ryman Hospitality Properties, Inc. Announces Pricing of Common Stock Offering

NASHVILLE, Tenn., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the pricing of its previously announced underwritten registered public offering of 5,100,000 shares of its common stock, par value $0.01 per share, at a price to the public of $117.00 per share (the “Offering”). The Company also granted the underwriters a 30-day option to purchase up to 765,000 additional shares of common stock. The Offering is expected to close on August 12, 2026, subject to customary closing conditions.

The Company expects to contribute the net proceeds of the Offering to RHP Hotel Properties, LP (the “Operating Partnership”). The Operating Partnership subsequently intends to use all of the net proceeds of the Offering to fund a portion of the approximately $1.38 billion purchase price for the previously announced pending acquisition of the JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes located in Orlando, Florida (the “Grande Lakes Acquisition”) and to pay related fees and expenses of the Grande Lakes Acquisition. The balance of the purchase price of the Grande Lakes Acquisition will be funded with a combination of cash on hand and debt, which may include borrowings under the Operating Partnership’s revolving credit facility, unsecured debt financing and/or the assumption of an existing property-level secured loan. The completion of the Offering is not contingent upon, and will occur before, the completion of the Grande Lakes Acquisition. If the Grande Lakes Acquisition is not consummated, the Company will use the net proceeds of the Offering for general corporate purposes.