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...
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