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Home » Gaylord Entertainment Exiting Internet Business
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Gaylord Entertainment Exiting Internet Business

By Hotel BusinessDecember 5, 20001 Min Read
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NASHVILLE, TN Gaylord Entertainment Company is ceasing operations as Gaylord Digital, its centralized Internet initiative, and anticipates the sale or closure of its various components by December 31. Through the first nine months of 2000, the investment in Gaylord Digital resulted in negative operating cash flow of $16.8 million, contributing to the parent companys negative operating cash flow of $10.9 million for that period. Gaylord Entertainment operates the Opryland Hotel in Nashville and is building two more in Florida and Texas. (12/5/00)

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