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Thursday, June 3, 2010

Opryland Hotel Damage Update

While workers are trying to restore the Opryland Resort from last month’s flood, there’s word that damage could be a lot more than the amount of the insurance policy. A stock market analyst has downgraded stock of Gaylord Entertainment, which owns the hotel and the Grand Ole Opry. He says the Opryland Hotel has a $50 million insurance policy, but it could cost the company at least $100 million beyond that to repair the place.

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