Pipeline problems shutting down Ryman's D.C. property through weekend

There will no checking in the next few days at the 2,000-room Gaylord National Resort & Convention Center south of the nation's capital. The five-year-old complex owned by Ryman Hospitality Properties is being shut down at noon today because it will be without water — likely until this weekend — as workers repair a crumbling 54-inch pipe that serves much of Prince George's County. It's too early for Ryman execs to put a dollar figure on the suspension's impact, but it could be a pretty penny: In 2012, Gaylord National generated an average of $664,000 in revenues daily.

Jul 17, 2013 7:12 AM

Plans unveiled for Lower Broad Hyatt Regency

Metro incentives will help Denver developer move forward
Jul 11, 2013 2:30 PM

Giarratana lands Metro incentives for SoBro hotel

Developer plans 400-room Marriott across from convention center
Jul 11, 2013 10:59 AM

Ryman buys back some convertibles

REIT spends almost $100M on debt that will mature next year
Jul 3, 2013 6:53 AM

Fontanel owners planning rural resort

Planning Commission OK with exception to conservation zoning
Jun 25, 2013 7:02 AM

Nashville to keep 'Nashville' in Nashville (for Season 2)

Season Two of Nashville will be shot in Music City despite earlier fears the crew might decamp for California, the Nashville Business Journal reports. Read more here.

Jun 21, 2013 1:27 PM

Airport records busiest May in history

The Metropolitan Nashville Airport Authority has announced that Nashville International Airport achieved the best May passenger numbers in its history. More than 950,000 passengers travelled through BNA in May, a 7.1 percent increase from the May 2012 numbers. The previous record for May was 901,000 in May 2007.

May also marked the busiest overall month in terms of total number of passengers since August 1993.

“As a major economic engine for our region, this is an exciting time, not only for BNA, but for Nashville,” Rob Wigington, president and CEO of the Metropolitan Nashville Airport Authority, said in a release. “We are well on our way to hitting the 10 million passenger mark for 2013.”

Nashville International Airport has announced 14 additional nonstop flights in the past 12 months. The facility is served by 10 airlines and offers 380 daily arriving and departing flights. It provides nonstop air service to 49 markets.

Jun 20, 2013 12:20 PM

JPMorgan upgrades Ryman shares

Kevin Milota at JPMorgan sees opportunity in the recent pullback in Ryman Hospitality Properties shares. He has raised his rating on Ryman to 'overweight' from 'hold' and lifted his price target to $42 from $40. Ryman shares (Ticker: RHP) are up slightly in Monday trading and have given up about 14 percent in the past month.

We believe the transition of the sales responsibility from the property level to the regional level led to reduced conversion activity, which fell short of Ryman's previous forecast. With that said, group bookings for 2014 and beyond remain strong, and we do not believe the softness in short-term group is indicative of a monumental slowdown in longer-dated group-booking activity.

Jun 17, 2013 11:13 AM

'Hollywood Reporter' gives Nashville some love

Is there any doubt that the national media has a crush on Nashville? Check out Hollywood Reporter’s feature on Music City’s coolness and “long-percolating renaissance.” The article references favorite haunts of A-listers and mentions Nashville-specific experiences such as ordering a short stack at Hillsboro Village’s Pancake Pantry or the ice cream on the east side of town at The Pharmacy Burger Parlor and Beer Garden.

Read the article here.

 

Jun 11, 2013 12:40 PM

Broadway bar owners appeal charges of overlay code violations

Metro targets Rippy's, Honky Tonk Central design characteristics
Jun 10, 2013 10:00 PM