Published • loading... • Updated
Grand Ole Opry and Ryman Auditorium Among Various Properties for Sale
Ryman said it has received interest from multiple organizations and hired Morgan Stanley to evaluate potential opportunities, with no agreement reached.
- On Wednesday, Ryman Hospitality Properties confirmed it is evaluating potential strategic partnerships for its Opry Entertainment Group, engaging Morgan Stanley to assist in reviewing opportunities.
- To support long-term growth, Ryman Hospitality Properties seeks to move Opry Entertainment Group outside its REIT structure, holding an approximate 70% controlling interest in venues including WSM and Ole Red.
- Colin Reed, Executive Chairman of Ryman Hospitality Properties, stated the firm is "incredibly proud" of the business but noted rising global interest in country music prompted inquiries from a "range of organizations."
- The company emphasized on Wednesday that no agreements have been reached and there are no assurances a transaction will occur, though Ryman Hospitality Properties expects to maintain a significant role in future growth.
- As the Grand Ole Opry celebrates its 100th birthday this year, market observers are watching how a potential stake sale might influence the iconic Nashville venues and ripple through the country music industry.
Insights by Ground AI
13 Articles
13 Articles
Ryman Hospitality Reviewing Offers for Potential Grand Ole Opry Sale
Ryman Hospitality Properties (RHP) has engaged Morgan Stanley to evaluate potential offers in purchasing a portion of its Opry Entertainment Group (OEG), which includes flagship venue The Grand Ole Opry House and the Opry’s original Nashville home, the Ryman Auditorium. The Opry is celebrating its 100th birthday this year. Bloomberg was first to report the news earlier on Wednesday (June 24), stating that RHP was interested in selling up to 70…
·United States
Read Full Article
Ryman Hospitality Properties, Inc. Addresses Recent Media Reports Regarding Opry Entertainment Group
NASHVILLE, Tenn., June 24, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the 'Company”), a leading lodging and hospitality real estate investment trust...
·Manila, Philippines (the)
Read Full ArticleCoverage Details
Total News Sources13
Leaning Left1Leaning Right1Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
13%
C 75%
12%
Factuality
To view factuality data please Upgrade to Premium
