Tennessee Ranks 7th in Tourism

Tennessee tourism generated $24.2 billion in home and worldwide journey spending in 2021, in line with lately launched financial affect knowledge from U.S. Journey Affiliation and Tourism Economics. It additionally marks the most important customer spending nationally in Tennessee’s historical past. Vacationers in Tennessee spend an estimated $66 million per day. Journey in Tennessee generated $1.9 billion in state and native tax income. Journey and tourism can also be the third largest employer within the state.

Rutherford County 

Rutherford County had a serious affect on tourism numbers within the Volunteer State final yr. In accordance with the state, the annual amount of cash spent by guests to Rutherford County elevated by 34% between 2020 and 2021. A complete of $643-Million was spent by friends in Rutherford County in 2021, which is $162-million greater than 2020.

Of the cash spent regionally, 31% went to the meals and beverage trade, 29% was spent on transportation, 20% was used for lodging, 11% was spent in native retail shops and the remaining 8% was used for recreation.

In 2021, vacationers helped generate over $54,900 in taxes every day in Rutherford County, in line with the state. On account of taxes generated by vacationers’ exercise in Rutherford County final yr, every family saved roughly $436 in state and native taxes.

The meals and beverage trade reaped the most important share of vacationer income in Rutherford County between 2015 and 2021. Transportation got here in second, adopted by lodging. Native retailers have seen a mean of $69.5-million yearly over the previous 6-years in Rutherford County.

Total, Rutherford County ranked at quantity 7 out of 95-counties in customer spending final yr, in comparison with 2020.

TENNESSEE OVERALL – Tennessee Governor Invoice Lee and Division of Vacationer Improvement Commissioner Mark Ezell highlighted efforts to proceed the trade’s robust restoration.

“Tourism drives financial improvement and job creation so that each Tennessean can thrive,” stated Gov. Lee. “Our determination to prioritize robust restoration has yielded document ranges of tourism development, and we proceed to welcome guests to see all Tennessee has to supply, from the Mississippi River to the Nice Smoky Mountains.”

“Tennessee is crushing it with the most important customer spending nationwide market share for Tennesseans in our historical past,” stated Mark Ezell, Commissioner of the Tennessee Division of Vacationer Improvement. “Tennessee is without doubt one of the high journey locations on this planet due to our great belongings together with our unmatched scenic magnificence, various cities, and small cities, in addition to our world class sights, music, cultural and historic websites. We’re so grateful to this trade and our companions and blessed guests come expertise these locations and help native companies, native eating places and native lodging and help communities.”

Key Highlights from 2021 report:

• Tennessee tourism generated a document $24 billion in home journey spending
• Journey and tourism is the third largest employer in TN in 2021
• Vacationers in Tennessee spend an estimated $66 million per day. Customer spending in Tennessee elevated by 44.4%, yr over yr. Customer spending nationally elevated by 35.7%, yr over yr
• All 95 counties noticed a rise in customer spending over 2020
• 51 counties totally recovered and exceeded their 2019 customer spending document
• 9 counties skilled greater than 40% development in year-over-year journey spending, together with Davidson, Cheatham, Sevier, Union, Polk, Grundy, Knox, Blount and Hamilton
• 5 counties skilled greater than 40% development over 2019 journey spending, together with: Cheatham, Union, Lake, Hickman and Meigs
• Journey in Tennessee generated $1.9 billion in state and native tax income in 2021
• Journey-generated tax income generated by tourism saved every Tennessee family $755.41 in state and native taxes final yr

Leisure & Hospitality Business Highlights  
(supply: TN Dept. of Income & TN Division of Labor & Workforce Improvement)

• Leisure & hospitality industries supported 317,000 jobs in 2021, an 8% improve from 2020 and 91% of 2019 ranges
• Leisure & hospitality revenues have recovered to document ranges and outpaced inflation
• Leisure & hospitality employment has returned to pre-pandemic ranges however nonetheless struggles to maintain up with journey demand
• Common leisure & hospitality wages have surged because the trade competes for a restricted variety of employees. Leisure & hospitality wages elevated to $17.71 in June 2020, in comparison with $14.14 in 2020.

The 2021 Financial Affect on Journey Report consists of county knowledge and complete fashions of the financial affect of spending by trade. Companions and media can make the most of the brand new on-line interactive dashboard for the newest state and county info. Financial Affect on Journey Report booklets shall be handed out on the Governor’s Convention on Hospitality & Tourism Sept. 28-30 in Memphis.

The Tennessee Division of Vacationer Improvement works with the Tennessee Tourism Committee, native conference and guests’ bureaus, chambers of commerce, metropolis and county leaders, tourism sights and the hospitality trade in all 95 counties to encourage journey to the state.