Gaylord Entertainment has reported a second-quarter loss after the temporary closure of the Opryland Hotel after the May floods.
For the second quarter ending June 30, Gaylord posted a $22.7 million loss, compared with a $10 million profit for the same period a year ago.
On the upside, the Nashville-based company raised its full-year revenue per available room outlook for its other three resorts to grow 3% to 4.5% from earlier forecasts of 2% to 4%.
The Opryland Hotel is slated to reopen on November 15, while the iconic Grand Ole Opry House will open on October1.
Both buildings were heavily damaged during the floods, but construction work is on track, the company said.
