Gaylord palms grand ole opry
Gaylord becomes REIT as Marriott buys brand
Gaylord Entertainment Co. announced on Thursday that it agreed to sell the Gaylord Hotels trademark and the rights to supervise its four hotels to Marriott International for US$ million, as well as its plan to convert to a REIT.
The transaction is conditioned on Gaylord Entertainment’s shareholders approving the company’s conversion into a real estate investment trust, which is expected in August, as well as lender consent to amendments to Gaylord’s credit facility and other customary closing conditions and regulatory approvals. The transaction is expected to shut by October after Gaylord’s board of directors approved the deal by a vote. Gaylord will continue to own its hotel properties and other businesses, and will reorganize and elect to be treated as a REIT effective January 1,
“Gaylord adds a brand [to Marriott&#;s portfolio] targeted at very large meetings,” Arne Sorenson, Marriott International president and CEO, said in a Gaylord conference call for investors on Thursday. “We see
About this property
Featuring a glass atrium and surrounded by 9 acres of indoor gardens, winding rivers and waterfalls, Gaylord Opryland Resort & Convention Center applications accommodations less than mi from the Grand Ole Opry in Nashville. This resort features 15 restaurants, 4 bars and multiple retails stores. It features rooms furnished with an compact refrigerator and interior balconies. A flat-screen cable TV and coffee maker are typical in every room. All rooms are warmly decorated with wood furniture and include a shelter deposit box and work desk. Some rooms offer a balcony with seating areas and views the interior landscape. International cuisine is represented through the various restaurants at Opryland Gaylord resort, including Revello’s southern Italian and Solario’s Mexican dishes. Guests have their option of swimming in 2 outdoor pools or an indoor pool. Massage and body treatments are offered at Relache Spa and access to the fitness center and sauna is provided to all hotel guests. WiFi is included in the resort fee, and the property offers a 4-acre indoor and out
Gaylord Opryland Resort &#; Convention Center
Gaylord Opryland Resort & Convention Center is the flagship property of Gaylord Hotels. Recognized around the world for its perfect service, luxurious accommodations and critically heralded entertainment, Gaylord Opryland offers planners , square feet of flexible meeting, convention, exhibit and pre-function space. Located in Nashville, TN—hailed by Journey & Leisure magazine as one of the “friendliest cities in the Together States”—your attendees can top downtown to kick up their heels at the Wildhorse Saloon, cruise the Cumberland River aboard the General Jackson Showboat, or stay within the nine-acre complex to enjoy our lush indoor gardens and cascading waterfalls. Guests can also attend a production of the world-famous Grand Ole Opry right next door to the hotel, or spend a evening on our Scottish-style links at Gaylord Springs Golf Links.
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Meeting & Exhibit Space
Gaylord Opryland isn’t just a place to stay when you come to the Grand Ole Opry. The resort is a destination all its own.
Night at the Opry Package
Combining two outstanding experiences for an exceptional visit to Nashville — enjoy your stay at Gaylord Opryland while taking in the sights and sounds of the Grand Ole Opry. Our convenient package includes room accommodations, show tickets, and more.
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1. Wander the jaw-dropping gardens
You can’t miss Gaylord Opryland’s lush gardens — literally. Tropical vegetation covers more than nine indoor acres. The resort’s cascading waterfalls, the tallest of which is feet high, make you feel as if you’re on a faraway island. Lose yourself in wonder as you discover massive palms, stunning orchids, and even banana trees. You won’t find those growing natively in Tennessee, but thanks to the atrium’s glass ceiling and horticulturists’ meticulous control of the building’s humidity, these plants thrive as if they were in the jungle.