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.
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.
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.
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.