Ryman Hospitality Properties, Inc. (REIT) (RHP)

Competitors to Ryman Hospitality Properties, Inc. (REIT) (RHP)

Host Hotels & Resorts, Inc. 

Host Hotels & Resorts, Inc. is one of the largest lodging real estate investment trusts in the United States, competing directly with Ryman Hospitality Properties in the hotel and resort sector. Both companies focus on acquiring and managing luxury hotel properties, but Host Hotels has a broader portfolio that includes high-end hotels globally. Ryman Hospitality differentiates itself by focusing on the meetings and events sector, particularly in the urban and resort destinations that cater to group bookings. This specialization allows Ryman to leverage unique offerings such as custom event spaces, thereby creating a niche advantage.

MGM Growth Properties

MGM Growth Properties is focused on acquiring real estate associated with the hospitality and entertainment sectors, positioning it as a competitor to Ryman. While both companies leverage their hospitality assets to create experiences for guests, MGM's strong ties to the entertainment industry and its properties located in destinations like Las Vegas offer them a competitive advantage in attracting vacationers and event-goers seeking a broader entertainment experience. Ryman's niche focus on group meetings and events gives it an edge within that specific market, but MGM's extensive entertainment offerings appeal to a different customer base.

Park Hotels & Resorts Inc. 

Park Hotels & Resorts Inc. operates a portfolio of premium-branded hotels, providing direct competition to Ryman Hospitality Properties. While Park focuses on a more traditional lodging approach, Ryman sets itself apart through its strong association with the group event sector, associating hospitality services with large-scale meetings and conventions. Ryman’s dedicated offerings for group-oriented experiences give it a competitive advantage in attracting event planners and corporate clients who seek integrated services, such as unique meeting spaces and entertainment options.

Pebblebrook Hotel Trust 

Pebblebrook Hotel Trust focuses on upscale hotels primarily in urban markets, similar to Ryman's offerings, which positions them as direct competitors. Pebblebrook emphasizes a value-add strategy by investing in renovations and operational improvements to enhance the guest experience, while Ryman concentrates heavily on the meeting and events segment as part of its hospitality offerings. Both companies target affluent travelers but differ in strategic focus, with Ryman leveraging its venues for group-centric events, giving it a competitive edge in that specific niche.

Sunstone Hotel Investors, Inc. 

Sunstone Hotel Investors, Inc. is another competitor within the REIT space that operates primarily in the upscale segment. Both companies focus on acquiring high-quality, income-generating hotels, but Sunstone operates with a more diversified approach, investing in a range of property types and locations considerably wider than Ryman. Ryman’s advantage lies in its specialization in group events and the blending of hospitality with entertainment, which allows it to capture a unique customer segment that seeks comprehensive event experiences.