Ryman Hospitality shareholders approve key proposals

Published 08/05/2025, 21:04
Ryman Hospitality shareholders approve key proposals

On Thursday, Ryman Hospitality Properties , Inc. (NYSE:RHP) announced the results of its annual meeting of stockholders, where several crucial proposals were approved. The meeting, which took place on May 8, 2025, saw a strong turnout with over 54 million shares represented in person or by proxy.

The stockholders voted on three key management proposals. Firstly, the election of nine director nominees to the company’s Board of Directors was confirmed, with each nominee receiving a substantial majority of the votes cast. Secondly, the compensation of the company’s named executive officers, as disclosed in the proxy statement, received advisory approval in the "say-on-pay" vote. Lastly, the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year 2025 was ratified.

These decisions reflect shareholder confidence in the company’s governance and executive compensation practices. The detailed voting results for each nominee and proposal were provided in the press release statement, showing the number of votes for, against, abstentions, and broker non-votes.

Ryman Hospitality Properties, Inc., based in Nashville, Tennessee, is a real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets. With a market capitalization of $5.7 billion, the company has demonstrated strong financial performance, achieving 9.5% revenue growth in the last twelve months and maintaining a healthy 4.9% dividend yield. The company’s common stock is traded on the New York Stock Exchange under the symbol RHP. According to InvestingPro analysis, the company maintains a GREAT financial health score, with particularly strong metrics in growth and relative value.

The press release statement, based on an SEC filing, provides transparency regarding the company’s governance and shareholder engagement. InvestingPro data reveals that Ryman Hospitality Properties has raised its dividend for three consecutive years and maintains strong liquidity with current assets exceeding short-term obligations. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report, which provides in-depth coverage of RHP along with 1,400+ other top US stocks.

In other recent news, Ryman Hospitality Properties Inc reported strong financial results for the first quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share of $1, exceeding the forecasted $0.69, while revenue reached $587.28 million, surpassing the anticipated $546.4 million. This robust performance was driven by record achievements in the hospitality segment, including a 109% RevPAR growth and a nearly 6% increase in the average daily rate. Ryman Hospitality Properties also revised its 2025 RevPAR growth guidance to 1.25%-3.75%, reflecting a cautious yet optimistic outlook for the year. The company maintains its adjusted EBITDAre guidance between $749 million and $810 million, with capital expenditure expectations lowered to $350 million-$450 million. Notably, Ryman Hospitality Properties continues to manage its cost structure effectively, having implemented profit improvement plans to safeguard its bottom line. The company’s executive leadership emphasized confidence in its financial stability and highlighted the resilience of live experiences and live music as growth drivers in the entertainment segment.

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