Annual Visitors
Source: Tourism Economics
*The NCVC now uses a model developed by Tourism Economics to estimate visitation numbers; therefore, comparing current visitation numbers to NCVC visitation figures from past years under the old model would not be an accurate comparison.
Annual Visitor Spending
- 2022 visitor spending was estimated at $621 per visitor at $284 per day.
Source: Tourism Economics
2023 Top Out of State Feeder Cities
Source: Near
- Atlanta, GA
- Louisville, KY
- Chicago, IL
- Indianapolis, IN
- Dallas, TX
- St. Louis, MO
- Charlotte, NC
- New York, NY
- Tampa, FL
- Orlando, FL
2023 Top International Markets
Source: Tourism Economics
- Canada
- United Kingdom
- Germany
- Australia
- Mexico
- Japan
- France
- India
- Italy
- Ireland
2023 Hotel Performance
- 2023 annual occupancy rate in Davidson County was about 70% up 1.3% from 2022.
- Nashville came close to 10 million rooms sold at 9.94 million rooms sold, up 3.7% YOY and 13% higher than in 2019.
- The market crossed the threshold for the first time ever of $2 billion in annual hotel room revenue, which is up about 9% from 2022.
Source: STR
Current Hotel Supply
- Nashville Central Business District (CBD)/Downtown 62 hotels with 13,196 rooms
- Nashville West/Midtown 64 hotels with 8,705
- Nashville Davidson County 278 hotels with 39,972
- Nashville MSA 497 hotels with 58,138 rooms
Source: STR
Hotel Development Pipeline
12,174 hotel rooms were added in Davidson County from 2018 to early 2024. Another 2,064 rooms are in the construction phase. Adding in the final planning and planning stages, the total hotel pipeline is 13,000+ rooms in development.
Sources: STR & NCVC
Rooms in Pipeline | |
---|---|
In Construction | 2,064 |
Final Planning | 4,444 |
Planning | 6,520 |
TOTAL | 13,028 |
Annual Additions of New Hotel Rooms
Sources: STR & NCVC
Access
- Nashville Int’l Airport (BNA) BNA has 523 average daily arrivals and departures to 98 nonstop destinations. 75% U.S. Market within a 2-hour flight.
- One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville.
Nashville Airport BNA Total Monthly Passengers
The Nashville International Airport continues to soar with a record-breaking 2023 with over 21.9 million total passengers. 9.5% growth vs. the previous year.
Member Access
NCVC Members can access additional information in the Research Section of the Member Portal.
Methodology
The NCVC now uses a model developed by Tourism Economics to estimate visitation numbers; therefore, comparing current visitation numbers to NCVC visitation figures from past years under the old model would not be an accurate comparison. Tourism Economics is an Oxford Economics company, which provides market and impact analysis to more than 300 destinations around the world. The analysis incorporates data from STR hotel room nights sold; AirDNA data about short-term rentals; U.S. Census data on second homes for recreational use; air passenger visitors to Nashville International Airport; mobile device geolocation data; and National Travel & Tourism Office statistics on international visitors.
Accolades
Nashville has topped the charts as one of the best places to visit by the likes of Travel + Leisure, Condé Nast Traveler, National Geographic, and many others. A few of our recent favorites:
- 15 Favorite Cities in the United States of 2023. (July 2023)
- The 25 Biggest US Cities to Visit (May 2023)
- 25 Essential Drives for a U.S. Road Trip (May 2023)
- Best Live Music Cities in the U.S. (April 2023)
- The South's Best Cities 2023 (March 2023)
Information updated March 2024.