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According to newly released data from Tourism Economy and the Tennessee Tourism Development Agency, Tennessee’s tourism industry will generate a record $30.6 billion in direct visitor spending, driving 144 million visitors to the state in 2023. Tennessee’s direct visitor spending will grow 6.2% in 2023. This follows two consecutive years of double-digit growth and will put Tennessee back on track to recover 125% from pre-pandemic 2019 levels. Rutherford County’s tourism revenues have increased significantly each of the past three years, and that upward trend is expected to be confirmed again when county-by-county figures for last year are released. Tourism revenues…
That’s it. Now, the biggest topic of conversation from Mayor David Holt during today’s State of the City report was Oklahoma City’s growth, and the mayor says a big part of that is tourism. With a hotel tax increase scheduled to be voted on in August, the mayor says it’s necessary to keep things moving. Tourists pay for the city’s core functions. Not only does the tourist industry have an annual economic impact on Oklahoma City of $2.6 billion, but he estimates that tourists pay at least a quarter of the city’s sales tax in August. Oklahoma City is set…
According to newly released data from Tourism Economics and the Tennessee Tourism Development Agency, Tennessee’s tourism industry will generate a record $30.6 billion in direct visitor spending in 2023, with 144 million visitors coming to the state. Tennessee’s direct visitor spending will increase 6.2% in 2023. This follows two consecutive years of double-digit growth and will put Tennessee back on track to recover 125% from pre-pandemic 2019 levels.”When tourism grows, Tennessee benefits from increased sales tax revenue,” said Governor Bill Lee. “Tourism boosts local economies, supports businesses and jobs, funds public services and improves the quality of life for all…
A group stops at the Look Rock area of Great Smoky Mountains National Park in 2015. (Getty Images) KNOXVILLE, Tenn. (WATE) — Tourism in Tennessee continues to grow, with 2023 on track to be another record year for visitor spending. According to newly released data from the Office of Tourism Economics and the Tennessee Department of Tourism Development (TDTD), the state is on track to see $30.6 billion in direct tourist spending and 144 million visitor arrivals in 2023. This represents a 6.2% increase from 2022 and marks the second consecutive year of double-digit growth. This marks Tennessee’s 125% recovery…
(From left) Shelley Critz, M. Ed., South Branch CTC administrative director, Morgan Armentrout, Eastern WVCTC hospitality & tourism management program specialist, and Debra Frank, Eastern WVCTC hospitality & tourism program coordinator. PETERSBURG, WV – Eastern West Virginia Community & Technical College and South Branch Career & Technical Center have signed a Memorandum of Understanding (MOU) to form a collaborative relationship. The agreement aims to provide high school students with a dual credit opportunity to earn a Hospitality & Tourism Management certificate from Eastern prior to graduating high school. These courses are transferable only for students who plan to continue on…
We need to talk about tourism in Japan, especially its size. Tourism is booming in Japan, and the author of this article looks at the investment implications. There has been a lot of positive stuff being said about Japan lately, which is not surprising, given the strong returns its stock market (at least in local currency terms) has seen as a result of corporate governance reports and the like. (See here and here for recent examples.) Much of this attention has been focused on companies in sectors such as manufacturing and consumer goods. But one sector that has received less…
Tennessee tourism to surpass $30 billion in visitor spending in 2023 NASHVILLE, Tenn. (July 23, 2024) – The following is a press release from the Tennessee Department of Tourism Development. According to newly released data from Tourism Economy and the Tennessee Tourism Development Agency, Tennessee’s tourism industry will generate a record $30.6 billion in direct visitor spending, driving 144 million visitors to the state in 2023. Tennessee’s direct visitor spending will grow 6.2% in 2023. This follows two consecutive years of double-digit growth and will put Tennessee back on track to recover 125% from pre-pandemic 2019 levels. “When tourism grows,…
In a first for Virginia, Pulaski County has created a new agency to manage strategic assets and promote sports tourism and recreation. The Pulaski County Board of Supervisors, by resolution, has formally created a new political division to promote sports tourism and encourage recreation pursuant to the Public Recreation Facilities Act, Chapter 56, Article 15.2, Code of Virginia. The newly created agency will be titled the Pulaski County Sports Tourism and Recreation Authority and will serve as an extension of the Pulaski County Board of Supervisors to assist in the management of the county’s sports tourism and recreation facilities and…
Tourism Minister Carlos James said it could take nearly two years for St. Vincent and the Grenadines’ tourism sector to recover from the devastating damage caused by Hurricane Beryl on July 1. “Experts suggest it will take at least 23 months for a full recovery and strong economic activity to be seen after a natural disaster of this magnitude,” James said, after the government successfully tabled a EC$136 million (US$0.37) supplementary budget. James highlighted that the Southern Grenadines, the island hardest hit by Hurricane Beryl, is heavily dependent on tourism. As well as allocating EC$22 million for home repairs, the…
Downward angle icon Downward angle icon. If you visit Italy during peak tourist season, it can get busy. Lauren Breedlove I have traveled to many of Italy’s most popular spots during peak tourist season. Italy can be hot and crowded during peak tourist season, so it’s important to plan accordingly. I recommend planning some activities for each day and getting outside the typical tourist spots. With its fantastic food and wine, idyllic villages, and stunning scenery, Italy is always a great choice, and many travelers seem to agree, choosing to use their hard-earned vacation time to explore this popular European…