NASHVILLE, Tenn. –– Ryman Hospitality Properties today announced it has temporarily suspended operations at its Opry City Stage location at 1604 Broadway in New York City as the Company evaluates the venue’s market positioning, concept and operating strategy.
Colin Reed, chairman and chief executive officer of Ryman Hospitality Properties issued the following statement:
“As we have shared over the past several months, our Opry City Stage venue has taken longer to ramp up its operations than we initially anticipated and has unfortunately underperformed our revenue expectations this year. We have decided that suspending operations at Opry City Stage while we evaluate the venue’s ground floor experience and operations is the appropriate course of action.
I would like to thank both our New York City-based employees as well as the artists who have performed at Opry City Stage for bringing an authentic slice of Southern culture to life in Times Square. We look forward to sharing more details in the months ahead.”