Ryman Hospitality Raises 2026 Adjusted FFO Guidance Midpoint to $9.29

Ryman Hospitality Properties raised its 2026 adjusted FFO guidance midpoint to $9.29 per diluted share or unit after third-quarter revenue climbed 10.7% year over year, lifting its annual outlook alongside quarterly growth.

Revenue for the quarter ended Sept. 30, 2026, totaled $655.801 million, compared with $592.458 million a year earlier. The result was a record third-quarter revenue total. The company now expects adjusted FFO per diluted share to grow about 10% year over year at the midpoint of its updated guidance, up from $9.08.

FFO available to common stockholders and unit holders was $1.75 per diluted share or unit, compared with $1.60 in the year-earlier quarter. Adjusted FFO was $1.79 per diluted share or unit. Net income totaled $39.677 million, and net income available to common stockholders was $0.58 per diluted share. Adjusted EBITDAre was $191.795 million.

Same-store Hospitality revenue rose 8% to $501.750 million. Entertainment revenue increased 1.5% to $92.989 million.

“We delivered another strong quarter with consolidated revenue and Adjusted EBITDAre ahead of our expectations,” President and CEO Mark Fioravanti said.

Ryman is a lodging real estate investment trust focused on upscale convention-center resorts and entertainment experiences. Its conference call is scheduled for Nov. 3 at 10 a.m. ET (15:00 UTC).