Ryman Hospitality Properties Inc. (NYSE:RHP) is one of the 10 cheap REITs with huge upside.

On March 3, Cantor Fitzgerald increased its price target on Ryman Hospitality Properties Inc. (NYSE:RHP) from $108 to $115, while maintaining an Overweight rating on the stock. The firm further explained that hotel REITs entered the fourth quarter with cautiously optimistic forecasts because the initial estimates for 2026 may have been too low.

Cantor Fitzgerald noticed that luxury and upscale hotels continued to perform better than lower-rated hotels, but a defensive strategy is still a good idea because of the growth in the industry and the uncertainty of the economy.

On February 25, Ryman Hospitality Properties Inc. (NYSE:RHP) announced that its subsidiaries, RHP Hotel Properties and RHP Finance Corporation, intend to offer $700 million in aggregate principal amount of senior notes due 2034 through a private placement, subject to market conditions.

The notes will represent senior unsecured obligations of the issuers and will be guaranteed by the company along with certain subsidiaries that back the operating partnership’s existing credit facility and outstanding senior unsecured notes. Ryman said it plans to use the net proceeds from the offering, together with available cash on hand, to redeem in full its 4.750% senior notes due 2027, including any accrued interest as well as related fees and expenses tied to the transaction.

Ryman Hospitality Properties Inc. (NYSE:RHP) focuses on upscale, group-oriented convention centers and also top-notch entertainment experiences. It owns a highly sought-after portfolio of mega hotels, which are managed by Marriott. Furthermore, it also has a majority interest in the Opry Entertainment Group that runs one of the most legendary stages for music and brands.

While we acknowledge the potential of RHP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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