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.