The Star-Telegram has a story today about the Gaylord Texan’s parent company, Gaylord Entertainment, reporting a second quarter revenue increase of 36 percent over last year–but a net income drop of 91 percent. The company reported a net income of $106.8 million in Q2 ’07; for Q2 ’08, they’re looking at a net income of $8.78 million. That’s right, eight. They blame it on decreased attendance at conventions. Does this bode well for the convention center hotel business?
Related Articles
Restaurants & Bars
The Best Japanese Restaurants in Dallas
The quality and availability of Japanese cuisine in Dallas-Fort Worth has come a long way since the 1990s.
Home & Garden
One Editor’s Musings on Love and Letting Go (Of Stuff, That Is)
Memories are fickle. Stuff is forever. Space is limited.
Football
The Cowboys’ Draft Class Is Heavy on Athleticism and Heavier on Beef
Dallas entered the weekend needing help on both lines. It exited with plenty of fresh faces to plug those gaps.