Gaylord Entertainment Company : Gaylord Entertainment Provides Update on Explosion at Gaylord Opryland
06/20/2012| 08:50am US/Eastern

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- No Injuries Reported and Plans for Repairs Already Underway -
Gaylord Entertainment Co. (NYSE: GET) today provided an update on an
explosion that occurred at Gaylord Opryland on the evening of June 19th
shortly after 8:00 p.m. CDT. Authorities have confirmed that the
incident was mechanical in nature. All guests and Gaylord employees were
safely evacuated, and there have been no reported injuries. Initial
assessments of the damage suggest that the impact will not be material
and will have little to no effect on upcoming meetings and events. The
hotel and restaurants resumed normal operations this morning at 7:00
a.m. CDT.
The Nashville Fire Department, Nashville Police Department, and
structural engineers worked through the night to assess the damages and
ensure the integrity of the property before allowing everyone to
re-enter shortly after 3:00 a.m. CST today. Initial estimates of the
damages are less than $750,000 and repairs are underway. The Company
carries business interruption and property insurance associated with
explosion damage. For now, the affected areas of the Delta Atrium at the
property are safely closed off.
"First and foremost, what is important is that no one was hurt as a
result of this incident," said Colin V. Reed, Chairman and Chief
Executive Officer of Gaylord Entertainment. "I want to commend the
efforts of the Nashville Fire Department, Nashville Police Department,
and our STARS for their swift response that ensured that the issue was
assessed as quickly as possible and that all guests were safely
evacuated. At this stage we can now focus on returning to business as
usual and repairing the impacted areas of the property with minimal
disruption to our guests."
Gaylord will provide additional information as it becomes available.
About Gaylord Entertainment
Gaylord Entertainment (NYSE: GET), a leading hospitality and
entertainment company based in Nashville, Tenn., owns and operates
Gaylord Hotels (www.gaylordhotels.com),
its network of upscale, meetings-focused resorts, and the Grand Ole Opry
(www.opry.com),
the weekly showcase of country music's finest performers for more than
85 consecutive years. The Company's entertainment brands and properties
include the Radisson Hotel Opryland, Ryman Auditorium, General Jackson
Showboat, Gaylord Springs Golf Links, Wildhorse Saloon, and WSM-AM. For
more information about the Company, visit www.GaylordEntertainment.com.

Investor Relations Contacts:
Gaylord Entertainment
Mark
Fioravanti, Executive Vice President and Chief Financial Officer
615-316-6588
mfioravanti@gaylordentertainment.com
or
Gaylord
Entertainment
Patrick Chaffin, Vice President of Strategic Planning
and Investor Relations
615-316-6282
pchaffin@gaylordentertainment.com
or
Media
Contacts:
Gaylord Entertainment
Brian Abrahamson, Vice
President of Corporate Communications
615-316-6302
babrahamson@gaylordentertainment.com
or
Sloane
& Company
Josh Hochberg or Dan Zacchei
212-446-1892 or
212-446-1882
jhochberg@sloanepr.com
or dzacchei@sloanepr.com
© Business Wire 2012
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