NASHVILLE, TN (WSMV) -
Gaylord's shareholders finalized a deal with Marriott Hotels on Tuesday.
A total of 85 percent of Gaylord shareholders voted to hand over management of its four major hotels, the General Jackson showboat, Gaylord Springs golf links, the Wildhorse Saloon and the Radisson Hotel at Opryland.
Gaylord announced the $210 million sale in March, in order to convert the company into a real-estate investment trust.
The deal also means 185 Gaylord employees will be laid off by next month, and more employees could lose their job in the near future.
Starting Monday, the ticker symbol for Gaylord will be RHP for Ryman Hospitality Properties.
Copyright WSMV 2012 (Meredith Corporation). All rights reserved.
