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REVENUES
6 Months Ended
Jun. 30, 2024
REVENUES  
Revenues

2. REVENUES:

The Company’s revenues disaggregated by major source are as follows (in thousands):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2024

    

2023

    

2024

    

2023

Hotel group rooms

$

145,869

$

120,334

$

277,270

$

240,847

Hotel transient rooms

 

53,628

 

48,158

 

95,860

 

 

88,896

Hotel food and beverage - banquets

 

190,201

 

138,662

 

365,651

 

 

299,161

Hotel food and beverage - outlets

 

69,185

 

59,246

 

128,818

 

 

114,551

Hotel other

 

60,204

 

51,285

 

112,958

 

 

98,669

Entertainment admissions/ticketing

 

34,356

 

34,103

 

56,922

56,259

Entertainment food and beverage

 

34,587

 

28,641

 

59,857

52,707

Entertainment retail and other

 

25,260

 

24,414

 

44,299

45,472

Total revenues

$

613,290

$

504,843

 

$

1,141,635

 

$

996,562

The Company’s Hospitality segment revenues disaggregated by location are as follows (in thousands):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2024

    

2023

    

2024

    

2023

Gaylord Opryland

 

$

130,352

$

110,475

 

$

234,187

$

222,281

Gaylord Palms

 

68,799

 

73,829

 

154,262

 

158,375

Gaylord Texan

 

83,897

 

81,479

 

168,799

 

167,877

Gaylord National

 

88,369

 

77,014

 

156,643

 

149,786

Gaylord Rockies

76,836

67,127

140,658

131,174

JW Marriott Hill Country

62,850

112,791

AC Hotel

 

4,107

 

3,401

 

6,929

 

5,612

Inn at Opryland and other

 

3,877

 

4,360

 

6,288

 

7,019

Total Hospitality segment revenues

$

519,087

$

417,685

$

980,557

$

842,124

The majority of the Company’s Entertainment segment revenues are concentrated in Nashville, Tennessee; Austin, Texas; and Las Vegas, Nevada.

The Company records deferred revenues when cash payments are received in advance of its performance obligations, primarily related to advanced deposits on hotel rooms and advanced ticketing at its OEG venues. At June 30, 2024 and December 31, 2023, the Company had $152.5 million and $159.8 million, respectively, in deferred revenues, which are included in accounts payable and accrued liabilities in the accompanying condensed consolidated balance sheets. Of the amount outstanding at December 31, 2023, approximately $104.7 million was recognized in revenue during the six months ended June 30, 2024.