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Baird/STR Hotel Stock Index dipped 0 2% in March
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Here’s Why Bireme Capital is Bullish in Ryman Hospitality Properties (RHP)
Bireme Capital, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A net return of 47.1% was recorded by the fund for 2020, outperforming its S&P500 benchmark that delivered an 18.3% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Bireme Capital, in their Q4 2020 investor letter, said that they acquire a position in Ryman Hospitality Properties, Inc. (NYSE: RHP) during the third quarter of 2020. Bireme Capital identifies Ryman Hospitality Properties, Inc. as one of the companies at the other side of the value spread, the other end of the “barbell market”. Ryman Hospitality Properties, Inc. is an entertainment, resort, and hotel company based in Nashville, Tennessee. It currently has a $4.4 billion market capitalization. Since the beginning of the year, RHP delivered a 19.67% return,
These Dallas-Fort Worth businesses see a consumer-driven recovery ready to explode in 2021
North Texas executives cite ‘pent-up demand’ for leisure, with vaccine delivery providing optimism for a recovery this year.
Dan Dunham of Plano watched trailers as he waited for The Invisible Man to start at Cinemark West in Plano last June. After being closed for months due to the coronavirus pandemic, the theater reopened that month.(Vernon Bryant / Staff Photographer)
To hear consumer company executives describe it, the leisure and hospitality industry is on the cusp of a major vaccine-fueled rebound.
Businesspeople are tired of working from home and want to gather again for group meetings and conferences. Teenagers and adults can’t wait for movie date nights or evenings out with friends. And theme parks that seemed like scary places a year ago are gearing up to do business in a new, increasingly inoculated world.
Reed, Ryman see strong trends through 25
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