Or I think I will once I see a news story on the Gaylord rumors flying about.
Edited to clarify: If Gaylord is no longer Gaylord, then, yes, we should be concerned about our cultural treasures.
Or I think I will once I see a news story on the Gaylord rumors flying about.
Edited to clarify: If Gaylord is no longer Gaylord, then, yes, we should be concerned about our cultural treasures.
http://www.knoxnews.com/news/2012/may/31/gaylord-to-sell-hotel-brand-to-marriott-for-210m/
Looks like they are getting out of the hotel business, which means they are probably keeping everything else:
Grand Ole Opry owner Gaylord Entertainment to sell hotel brand to Marriott for $210M.
Reads like the opposite of what “Saving” was suggesting. They;re out of the hotel OPERATIOn business (they’ll still own even those, as a REIT, a Real Estate Investment Trust–which is what Starwood is to Sheratons, for example)…and it suggests to me that they don’t see the Opryland hotel as a growth center, given development downtown. (Also–Marriott has a semi-resort hotel/golf complex in Muscle Shoals, which they’d love to have be a music destination, but without many musical attractions there. Operating Opryland hotel, they could learn what it takes to take that further.
There are no announcements there on any Gaylord Entertainment properties, which doesn’t mean there might not be, but, so far, they’ve had nothing to announce.)
Indeed, the press release wording includes: “Gaylord will continue to own and operate the Grand Ole Opry, Ryman Auditorium and other attractions as taxable REIT subsidiaries. Nothing will change at these iconic assets of the Nashville community, and Gaylord is fully committed to maintaining the legacy of these historic attractions.”