NASHVILLE, Tenn., June  24, 2026  (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE:RHP) (the &#34;Company&#34;), a leading lodging and hospitality real estate investment trust that specializes in

Ryman Hospitality Properties, Inc. Addresses Recent Media Reports Regarding Opry Entertainment Group

Ryman Signals potential OEG partnerships; no agreement yet, evaluations ongoing

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  <section data-block="information">
    <h3>Information</h3>
    <p>NASHVILLE, Tenn., June  24, 2026  (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE:RHP) (the &amp;#34;Company&amp;#34;), a leading lodging and hospitality real estate investment trust that specializes in</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Ryman Hospitality Properties disclosed inbound interest in potential OEG partnerships and hired Morgan Stanley to assess opportunities, with no binding agreements or assurances. The company notes that any strategic moves could support OEG’s growth and possibly operate outside the REIT structure, though no timelines or terms are disclosed. This remains a wait-for-terms situation with potential upside if a deal materializes.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>RHP reports inbound interest in partnering with OEG; Morgan Stanley engaged to evaluate opportunities.</li><li>No agreements or assurances of a transaction; strategic partnerships may support OEG growth.</li><li>RHP owns ~70% of OEG; OEG includes Grand Ole Opry and Nashville venues.</li><li>RHP portfolio includes 12,364 rooms and &gt;3 million sq ft meeting space; press warns forward-looking statements.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Ryman Hospitality Properties, Inc. (RHP)</strong>: Primary subject; exploring strategic opportunities for OEG; no binding deal yet.</li><li><strong>Morgan Stanley (MS)</strong>: Advisor to RHP; signals seriousness of review; no terms disclosed.</li><li><strong>Marriott International (MAR)</strong>: Hotels within RHP portfolio managed by Marriott; potential partnerships could influence management.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article centers on strategic reviews and potential partnerships for OEG within RHP, rather than earnings or regulatory events, fitting a corporate actions/strategic review lens.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Inbound partnership interest could unlock growth optionality for OEG, though terms are not disclosed.</li><li>Morgan Stanley engaged to evaluate opportunities, signaling potential strategic actions.</li><li>No agreements announced; investors should await official disclosures or filings.</li><li>OEG brands (Grand Ole Opry, venues) could see changes in monetization if partnerships proceed.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of press release: June 24, 2026.</li><li>Ryman Hospitality Properties owns approx. 70% controlling interest in Opry Entertainment Group (OEG).</li><li>RHP portfolio: 12,364 rooms and more than 3 million square feet of indoor/outdoor meeting space.</li><li>OEG includes Grand Ole Opry; Nashville-area attractions and related brands.</li><li>Morgan Stanley &amp; Co. LLC engaged to evaluate potential opportunities; no agreements or assurances disclosed.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Await concrete terms; neutral near term, upside if OEG deal materializes within 6–12 months.</p>
  </section>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NASHVILLE, Tenn., June  24, 2026  (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/RHP">RHP</a>) (the "Company"), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and entertainment experiences, today addressed recent media reports regarding the Company’s Opry Entertainment Group ("OEG") business. </p>  <p align="justify">Colin Reed, Executive Chairman of Ryman Hospitality Properties said, "We are incredibly proud of our OEG business and of our role as stewards of these historic and iconic brands, which are deeply important to the country music community and the markets we serve. We remain focused on bringing artists and audiences together through iconic live entertainment experiences. We have previously shared our view that enabling OEG to operate outside of our REIT structure over time is important for its long-term growth trajectory, and we believe strategic partnerships can further support its growth.</p>  <p align="justify">With the rise in global popularity of country music and the increasing demand for live experiences, we have received inbound interest from a range of organizations seeking to partner with our entertainment business. In that context, we have engaged Morgan Stanley &amp; Co. LLC to assist in evaluating potential opportunities. We expect to play an integral role in the continued growth of OEG irrespective of any strategic partnerships being considered."</p>  <p align="justify">The Company has not entered into any agreements, and there are no assurances that any transaction will occur.</p>  <p align="justify"><strong>About Ryman Hospitality Properties, Inc.</strong></p>  <p align="justify">Ryman Hospitality Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/RHP">RHP</a>) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company’s holdings include Gaylord Opryland Resort &amp; Convention Center; Gaylord Palms Resort &amp; Convention Center; Gaylord Texan Resort &amp; Convention Center; Gaylord National Resort &amp; Convention Center; and Gaylord Rockies Resort &amp; Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns JW Marriott Phoenix Desert Ridge Resort &amp; Spa and JW Marriott San Antonio Hill Country Resort &amp; Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company’s hotel portfolio is managed by Marriott International and includes a combined total of 12,364 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns an approximate 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium; WSM 650 AM; Ole Red; Category 10; Nashville-area attractions; Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. OEG manages select outdoor live music venues, including Ascend Federal Credit Union Amphitheater in Nashville and CCNB Amphitheatre in Simpsonville, South Carolina. OEG also owns a majority interest in Southern Entertainment, a leading festival and events business. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company’s financial results.</p>  <p align="justify"><strong>Cautionary Note Regarding Forward-Looking Statements</strong></p>  <p align="justify">This press release contains statements as to the Company’s beliefs and expectations about future events that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Examples of these statements include, but are not limited to, statements regarding the future growth of the OEG business, future opportunities, and any potential transaction.  These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These include the risks and uncertainties associated with economic conditions affecting the OEG business generally, and the occurrence of any event, change or other circumstance that could limit the Company’s ability to capitalize on any opportunities it identifies. including those described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission (SEC) and include the risk factors and other risks and uncertainties described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent filings. Except as required by law, the Company does not undertake any obligation to release publicly any revisions to forward-looking statements made by it to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td colspan="2" style="width:100%;;vertical-align: top ; "> </td></tr><tr><td style="width:42.651%;;vertical-align: top ; "><strong>Investor Relations Contacts:</strong><br></br><br></br>Mark Fioravanti, President and Chief Executive Officer<br></br>(615) 316-6588<br></br>mfioravanti@rymanhp.com<br></br><br></br>Jennifer Hutcheson, Chief Financial Officer<br></br>(615) 316-6320<br></br>jhutcheson@rymanhp.com<br></br><br></br>Sarah Martin, Vice President, Investor Relations<br></br>(615) 316-6011<br></br>sarah.martin@rymanhp.com</td><td style="width:57.349%;;vertical-align: top ; "><strong>Media Contact:</strong><br></br><br></br>Shannon Sullivan, Vice President, Corporate and Brand Communications<br></br>(615) 316-6725<br></br>ssullivan@rymanhp.com</td></tr></table> <p align="justify" style="text-align: justify;"><br></br></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1MjE1NSM3Njc3MDQwIzIwMTE0MTk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YjU1OWE1ZTItYTNkYi00NzcyLWI5OWUtYmI2MWNlZjk4ZjVhLTEwMjI5OTItMjAyNi0wNi0yNC1lbg==/tiny/Ryman-Hospitality-Properties-I.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/d82e9daf-3da8-45c5-8245-59f93b393b41"><img src="https://ml.globenewswire.com/media/d82e9daf-3da8-45c5-8245-59f93b393b41/small/ryman-hospitality-group-logo-jpg.jpg" border="0" width="150" height="47" alt="Primary Logo"></img></a></p>

Ryman Hospitality Properties disclosed inbound interest in potential OEG partnerships and hired Morgan Stanley to assess opportunities, with no binding agreements or assurances. The company notes that any strategic moves could support OEG’s growth and possibly operate outside the REIT structure, though no timelines or terms are disclosed. This remains a wait-for-terms situation with potential upside if a deal materializes.

Ryman Hospitality Properties, Inc. Addresses Recent Media Reports Regarding Opry Entertainment Group

AI Summary

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Market-Moving

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