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Ryman Hospitality Properties, Inc. Provides Update on Phase 3 of Nashville, Tennessee’s COVID-19 Reopening Plan
“Following this expansion, our four operating
|Gaylord Opryland—Group events of up to 500 persons.
|Gaylord Palms—Group events of any size.
|Gaylord Texan—Group events at 50% of stated capacity.
|Gaylord Rockies—Group events of up to 100 persons.|
Reed continued, “Nashville’s new Phase 3 also means that we will begin hosting up to 500 people for Opry performances at the Grand
About Ryman Hospitality Properties, Inc.
*The Company is the sole owner of Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; and Gaylord National Resort & Convention Center. It is the majority owner and managing member of the joint venture that owns Gaylord Rockies Resort & Convention Center.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements as to the Company’s beliefs and expectations of the outcome of 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 anticipated impact of COVID-19 on travel, transient and group demand, the anticipated impact of COVID-19 on our results of operations, efforts to rebook customers for later dates in 2020 and later years, and our ability to conduct concerts and other public events at the Grand Ole Opry and the Ryman Auditorium. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These risks and uncertainties include, but are not limited to, the effects of the COVID-19 pandemic on us and the hospitality and entertainment industries generally; the effects of the COVID-19 pandemic on the demand for travel, transient and group business (including government-imposed restrictions); levels of consumer confidence in the safety of travel and group gathering as a result of COVID-19; the duration and severity of the COVID-19 pandemic in the United States and the pace of recovery following the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic in the markets where our assets are located; and the adverse effects of COVID-19 on our business or the market price of our common stock. Other factors that could cause results to differ are described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission 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, 2019 and its Quarterly Reports on Form 10-Q 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.
|Investor Relations Contacts:||Media Contacts:|
|(615) 316-6588||(615) 316-6725|
Corporate Finance & Treasurer
|(615) 316-6344||(929) 266-6315|
Source: Ryman Hospitality Properties, Inc.