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To: Paul Senior who wrote (5317)	11/22/1998 6:58:00 PM
From: Shane M	Respond to of 78596

Paul, Suprisingly, alot of the people here in Nashville aren't buying the Opry Mills concept. Currently tourism revenue is down considerably following the park's closing, and we just don't understand how a Mall can be a tourist destination. Lots of smaller shops that were built around the crowds being brought in by Opryland are now beginning to close or are in trouble. From a business perspective, I understand that the hotel bookings for Gaylord (they have a huge motel here) are down considerably since the theme park has closed. I've heard (hearsay) that occupancy rates are down from 90% to around 80% now. Alot of big conventions have cancelled, because Nashville, country music, (Gaylord owns the cable channel CMT and owns a popular downtown tourist attraction "The Wildhorse" Saloon), Opryland theme park, and the Opryland Hotel used to be viewed as a good place to have a convention coupled with a family vacation. Apparently the draw is no longer as good, and bookings reflect this. Whether the mega-mall can recreate the draw is questionable IMO, but they're alot smarter than me. I really doubt they expected the falloff in hotel booking though. Shane