Skip to main content

# Ryman Hospitality Properties: Nashville Spirit’s Next Act

Colin V. Reed, Executive Chairman; Mark Fioravanti, President & CEO

Transcript: Ryman Hospitality Properties ǀ Nashville Spirit’s Next Act

Open with archival music/sound-up from Grand Ole Opry archival footage

VOICEOVER: Welcome to the Grand Ole Opry.

COLIN: If you were in country music and you wanted to be heard, you had to play the Grand Ole Opry.

VOICEOVER: Welcome to the finest show on earth.

COLIN: We have the Sistine Chapel here.

TITLE CARD SUPER: Nashville Spirit’s Next Act

COLIN: Ryman is a real estate investment trust. We own a hotel business that primarily is focused on the group customer, and then we own this entertainment business, focused around this magical building.

TITLE CARD: Colin V. Reed, Executive Chairman, Ryman Hospitality Properties

COLIN: We have a big responsibility to help propel this magic all across the planet. We can do that, if we build new hotels... and put that product in front of customers in the markets that they frequent.

TITLE CARD: Mark Fioravanti, President & CEO, Ryman Hospitality Properties

MARK: We’re aggressively deploying capital to grow our portfolio, whether that’s [a JW Marriott in San Antonio] or [Ole Red] in Las Vegas [multiple other properties shown on U.S. map]. It feels like a piece of Americana. These hotels, at a minimum, are a billion dollars to build, and the gestation period is about ten years. Having a partner like WF who understands the strategy, who believes in the management team, it's critically important.

MEAGAN: Companies like Ryman have to be very intentional. It doesn't matter if you're working in a country music venue or you're opening valet doors at Opryland. Everyone is in it together.

TITLE CARD: Meagan Brandriff, Managing Director, Real Estate, Gaming, Lodging and Leisure, WF

MEAGAN: At WF, we take a similar approach. We're bringing in our partners across the bank, and tailoring a solution, whether that’s capital raising, lending, advisory, to not only protect those assets that have this deep-rooted history, but also help Ryman expand—that’s really powerful.

COLIN: WF has supported us through hell and high water. We can share our aspirations and have trust in these relationships.

MARK: It is an incredible team effort to help grow that next generation who will ultimately ensure the Opry’s here in another 100 years.

VOICEOVER: Grand Ole Opry, yeah.

Close with archival music and/or sound-ups from Grand Ole Opry archival footage.

Sponsored by WF Corporate & Investment Banking
The Next Horizon
Ryman Hospitality Properties
bloomberg.com/thenexthorizon

WF Corporate & Investment Banking (CIB) and WF Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of WF & Company and its subsidiaries, including but not limited to WF Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, WF Prime Services, LLC, member of FINRA, NFA and SIPC, and WF Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. WF Securities, LLC and WF Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2024 WF & Company.

Over 100 years of history have made Ryman Hospitality Properties' Nashville assets legendary. Now, this real estate investment trust is expanding its footprint across the country, opening grand hotels and country music venues infused with the spirit of their crown jewel: the iconic Grand Ole Opry. Discover how WF is helping them reach the next horizon.

In print: Nashville Spirit Takes Center Stage View (PDF) >

## Ryman Hospitality Properties: Deploying Capital to Share the Spirit of Nashville

Transcript: Ryman Hospitality ǀ Mark Fioravanti, Colin V. Reed

COLIN: If you were in country music, you had to play the Grand Ole Opry. We have the Sistine Chapel here.

TITLE CARD: Colin V. Reed, Executive Chairman, Ryman Hospitality Properties

MARK: Ryman Hospitality is aggressively deploying capital to grow our portfolio, whether that’s [a JW Marriott in San Antonio] or with [Ole Red] in Las Vegas [multiple other properties shown on U.S. map].

TITLE CARD: Mark Fioravanti, President & CEO, Ryman Hospitality Properties

MARK: These hotels are a billion dollars to build. There’s nothing like them in the world. Having a partner like WF who understands the strategy, it's critical.

COLIN: WF has supported us through hell and high water.

Sponsored by WF Corporate & Investment Banking
The Next Horizon
Ryman Hospitality Properties
bloomberg.com/thenexthorizon

WF Corporate & Investment Banking (CIB) and WF Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of WF & Company and its subsidiaries, including but not limited to WF Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, WF Prime Services, LLC, member of FINRA, NFA and SIPC, and WF Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. WF Securities, LLC and WF Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2024 WF & Company.

Mark Fioravanti, President & CEO
Colin V. Reed, Executive Chairman
Ryman Hospitality Properties

## WF Corporate & Investment Banking: Helping Clients Expand their Businesses

Transcript: WF CIB ǀ Meagan Brandriff

The future of real estate has been in question. We’ve gone through hundred-year storms in the last decade.

TITLE CARD: Meagan Brandriff, Managing Director, Real Estate, Gaming, Lodging and Leisure, WF

Companies like Ryman have to be very intentional with their capital [multiple properties shown on U.S. map]. At WF, we take a similar approach. We're bringing in our partners across the bank, and tailoring a solution, whether that’s capital raising, lending, strategic advice, to protect assets like the Grand Ole Opry, but also help partners expand—that’s really powerful.

Sponsored by WF Corporate & Investment Banking
The Next Horizon
Ryman Hospitality Properties
bloomberg.com/thenexthorizon

WF Corporate & Investment Banking (CIB) and WF Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of WF & Company and its subsidiaries, including but not limited to WF Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, WF Prime Services, LLC, member of FINRA, NFA and SIPC, and WF Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. WF Securities, LLC and WF Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2024 WF & Company.

Meagan Brandriff
Managing Director, Real Estate, Gaming, Lodging, & Leisure
WF Corporate & Investment Banking

## Exclusive insights

We deliver actionable economic, financial, industry, and strategic analysis for our clients’ benefit.

### The Next Horizon

Watch how CIB innovative solutions and dedicated partnerships have driven tangible results and shaped the future for our partners.

Explore

Explore

### Economic commentary

Our WF economists discuss relevant topics that impact the economy

Learn more

Learn more

### Ask Our Economists Podcast

Timely commentary on what’s happening in the markets

Listen

Listen

### Insights

Explore analysis and perspectives on markets, businesses, and the global economy

Learn more

Learn more

RO-3924117

LRC-1024

## Footnote