• Hospitality Becomes Nashville's Second Largest Industry

     
    POSTED September 11, 2018
     

According to an official Tennessee state report on the Economic Impact of Travel on Tennessee Counties, Nashville is the leading city for tourism with $6.5 billion intake from visitor expenses. This total represents an 8.5 percent increase from 2016 tourism, which was $6 billion.

Cvent ranked Nashville as number seven out of 50 meeting destination cities in the U.S. in 2017. Nashville greeted Cvent’s ranking with the development of nine new hotels last year and seven new properties this year so far. The city also retains a seven year streak of hotel room sales growth and has been ranked for six years as a top global destination.

The Nashville Convention & Visitors Corp has propelled growth of the hospitality industry by hosting major events on and around holidays such as the fourth of July and New Year’s Eve. These events have effectively brought in enough tourist traffic to sell out hotel rooms across Nashville and promoted substantial visitor spending city-wide.

The NCVC has increased tourist traffic by hosting events like the NFL Draft and is a host candidate for the 2026 soccer World Cup. Nashville regards hospitality as its second largest industry, after healthcare.

IACC, a global meetings association, recently announced it will create its first-ever experiential showcase of its Meeting Room of the Future research at MPI World Education Congress (WEC). The installation will allow attendees to explore how meetings and conferences are evolving and will focus on three different areas: visioneering, solve and show me.

 

Over a period of 13 years, Colorado Meetings + Events has hosted two “Best of” award celebrations at the Denver Art Museum (DAM). So it was fun to get back to the museum in January 2019 to hear about and see DAM’s $150 revitalization project underway and experience an exhibition that I’ve been hearing so much about.

 

U.S. News & World Report recently released its “Best Hotels” list for 2019 and 22 of BENCHMARK’s hotels and resorts were named to the list.

Highlighted honors includ three silver badge winners that placed in the top 30 percent of all ranked luxury hotels within a destination. They include Villas of Grand Cypress in Orlando, Benchmark’s newest hotel, La Cantera Resort & Spa in San Antonio, and Santa Barbara Beach & Golf Resort in Curacao.