A quick tidbit from my colleague David Washburn that didn’t make it into today’s story on Gaylord’s withdrawal from Chula Vista:

Westbrook told local officials that increased construction costs and regulatory hurdles were the reasons for the company’s decision to pull out of Chula Vista, and the decision was not based on downward spiral of the global economy, which has hit the hospitality industry particularly hard. That said, the company’s closing stock price on Monday was $8.46, which is 80 percent less than it was a year ago.


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