REVENUES

9 Months Ended

Sep. 30, 2024

REVENUES

Revenues

2. REVENUES:

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Hotel group rooms	$	124,006	$	115,626	$	401,276	$	356,473
Hotel transient rooms		60,148		64,683		156,008		153,579
Hotel food and beverage - banquets		157,694		134,503		523,345		433,664
Hotel food and beverage - outlets		67,141		68,347		195,959		182,898
Hotel other		58,054		63,039		171,012		161,708
Entertainment admissions/ticketing		30,572		31,030		87,494		87,289
Entertainment food and beverage		30,573		27,706		90,430		80,413
Entertainment retail and other		21,770		23,577		66,069		69,049
Total revenues	$	549,958	$	528,511	$	1,691,593	$	1,525,073

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Gaylord Opryland	$	122,659	$	111,939	$	356,846	$	334,220
Gaylord Palms		68,242		63,885		222,504		222,260
Gaylord Texan		73,096		73,991		241,895		241,868
Gaylord National		69,751		72,124		226,394		221,910
Gaylord Rockies		72,658		68,203		213,316		199,377
JW Marriott Hill Country		54,273		50,026		167,064		50,747
AC Hotel		2,686		3,244		9,615		8,856
Inn at Opryland and other		3,678		2,786		9,966		9,084
Total Hospitality segment revenues	$	467,043	$	446,198	$	1,447,600	$	1,288,322

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 September 30, 2024 and December 31, 2023, the Company had $181.1 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 $112.4 million was recognized in revenue during the nine months ended September 30, 2024.