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Ryman Hospitality Properties has attracted renewed attention after reporting strong Hospitality segment results, better-than-expected performance at its Desert Ridge resort, and confirming it is exploring a sale of its non-REIT Entertainment segment. An interesting angle is that a potential Entertainment divestiture could leave Ryman as a more focused pure-play REIT with additional capital to reinvest or return to shareholders. Next, we’ll examine how the possible Entertainment segment sale...
Cooke & Bieler, an investment management firm, released its second-quarter investor letter for “Mid Cap Value Equity Strategy.” The letter can be downloaded here. U.S. equities rallied significantly in Q2, driven by shifting geopolitical risks and strong investor appetite for high-beta stocks, particularly in the tech sector, contributing to the S&P 500® and Nasdaq’s best […]
Host Hotels owns 76 luxury properties under flags like Marriott and Ritz-Carlton, and its dividend history reveals exactly how much that income depends on something no landlord controls: what travelers decide to spend tonight.
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