“Flood damage requires an extraordinarily complicated repair process. We have had to manually test every aspect of our mechanical, electrical, information technology and power-generating 
systems in order to understand what works, what needs to be repaired, and what needs to be replaced. There is an entire city of infrastructure which operates under the Gaylord Opryland campus, the majority of which was fully under water, and thus the assessment process has been extensive.â€
“…the company is exploring any potential legal recourse related to the inaccurate predictions company officials received from government officials, who originally thought that the Cumberland River would crest well below Gaylord’s levies.”
The cost to clean up and repair Opryland and other Gaylord Entertainment Co. properties in Nashville will be $215 million to $225 million, the company announced today. The company also plans to lay off more than 1,700 employees June 12.
The Opryland Resort & Convention Center will be closed until Nov. 15, the company estimates.Â
Gaylord’s Nashville properties were damaged in historic flooding the first weekend in May. The repair cost is higher than initially anticipated by Reed, who said last month that, while he expected it to exceed a $50 million flood insurance policy, he guessed estimates as high as $200 million were overblown.
