Local Business Alert: Marriott strikes deal to manage Gaylord hotels

   
The Washington Post Thursday, May 31, 2012 12:42:51 PM
LOCAL BUSINESS ALERT

Marriott strikes deal to manage Gaylord hotels


Lodging giant Marriott International is expanding its already massive empire by offering Gaylord Entertainment $210 million for the rights to manage four of its hotels, including the prized Gaylord National in Oxon Hill.

The deal will give the Bethesda-based hotel operator an additional 7,800 rooms in its portfolio, while saving Nashville's Gaylord up to $40 million a year in management expenses.


Read more at:
http://www.washingtonpost.com/blogs/capital-business/post/marriott-strikes-deal-to-manage-gaylord-hotels/2012/05/31/gJQA9xuX4U_blog.html



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