Ryman Hospitality Properties and RIDA Development Corp. Announce $80 Million Expansion of Gaylord Rockies Resort & Convention Center
Ryman Hospitality Properties, Inc. | February 10, 2020
Planned Expansion to Add 317 Guest Rooms, or More Than 20 Percent, to Available Capacity NASHVILLE, Tenn., Feb. 10, 2020 -- Ryman Hospitality Properties, Inc. (NYSE:RHP) (the “Company”), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, and RIDA Development Corp. today announced plans for an $80 million, 317-room expansion of Gaylord Rockies Resort & Convention Center in Aurora, Colorado. Opened in December 2018, Gaylord Rockies was the first Marriott property to begin operations with more than 1 million net room nights on the books for all fut...
Ryman Hospitality Properties Acquires 35% Stake in Gaylord Rockies Resort and Convention Center Project in Aurora, CO
Ryman Hospitality Properties, Inc. | March 9, 2016
NASHVILLE, Tenn.--Mar. 9, 2016-- Ryman Hospitality Properties, Inc. (NYSE:RHP) ("Ryman" or "the Company") announced today that it has acquired a 35 percent equity ownership stake in the Gaylord Rockies Resort and Convention Center project in Aurora, Colorado, with an expected aggregate investment of approximately $86 million. RIDA Development Corp. and Ares Management, L.P. are leading the owner and development partnership and Marriott International, Inc. (NASDAQ:MAR) will manage the hotel and convention center. The property is currently under construction and is scheduled to open in late 2018. Under the terms of our agreement, RIDA wil...
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.