TSW EMMEDIATE NEWS

TSW EMMEDIATE NEWS

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Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S Aug 05, 2008 B R E A K I N G N E W S

Gaylord Q2 Earnings Drop 91 Percent
Gaylord Entertainment reported a drop in second-quarter net income to $8.78 million, compared with $106.8 million in the same period last year, a 91-percent decrease. Revenues grew 36 percent to $258.2 million from $189.3 million in the same period in 2007. Colin V. Reed, Gaylord's chairman and CEO, said, "We are seeing higher than historic attrition levels across the brand, which have affected occupancy and will likely continue for the remainder of the year."

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