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It's been a brutal year (and a half) for REITs across the board where almost every single major REIT sold off by 20% or more since January 2022 with some selling off by more than 50%. One of
Ryman Hospitality: One Of The Few REITs Showing Strength
Summary
- Ryman Hospitality Properties has outperformed other REITs, with only a -1% decline in stock since January 2022 while the REIT index is down -30% during the same period.
- The company owns and operates conference hotels, including 5 of the 7 largest in the US, providing stability and predictability in its business.
- Ryman also operates entertainment businesses such as sports bars, concert venues, and restaurants, capitalizing on the trend of consumers spending more on experiences in recent years.
- The company has shown a lot of resiliency in recent years and seems to have fully recovered from the effects of the pandemic in 2020.
I own separate portfolios for separate goals. I have one portfolio where I have nothing but income plays, another portfolio where I have nothing but growth stocks. I also have another portfolio where I run my options plays. I try not to mix different portfolios because they all have different goals and purposes. Sometimes one of my portfolios outperform other times other do. I am a big believer of diversification of not only assets but also methods and investment philosophies. Diversification is not simply buying 20 different stocks, it is applying different methods to different goals that fit to serve an investor's short term and long term targets. I am a "long only" investor and stay away from shorting companies. I will also do a lot of delta-neutral options plays where I will try to benefit from a stock or funds lack of movement. Also a huge fan of options plays and strategies including but not limited to covered calls, iron condors, butterflies, calendar spreads, call-put spreads. I've probably tried every options play there is, sometimes with success, sometimes with failure. At Seeking Alpha, I mostly analyze and write about stocks and funds that I own or I plan on owning. I rarely ever write about a stock or fund I at least don't have intention of owning some day.
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