Tennessee is known for its rich history, scenic beauty, and vibrant music scene. With over 100 million visitors annually, tourism is a significant contributor to the state’s economy. In this article, we will take a closer look at how much money Tennessee generates from tourism.
The Impact of Tourism on Tennessee’s Economy
Tourism is one of the largest industries in Tennessee, contributing billions of dollars to the state’s economy each year. In 2019, visitors spent $23 billion in Tennessee, generating $1.92 billion in state and local tax revenues.
Where Does the Money Come From?
The majority of tourism revenue in Tennessee comes from overnight stays in hotels or other lodging accommodations. In 2019, lodging alone generated $1.49 billion in revenue.
Other significant sources of revenue include:
- Food and Beverages: $5.7 billion
- Retail Sales: $3.6 billion
- Recreation and Entertainment: $2.8 billion
The Top Tourist Destinations in Tennessee
Tennessee offers a diverse range of attractions, from historical landmarks to natural wonders and entertainment venues. These are the top tourist destinations that contribute the most to the state’s tourism revenue:
- Gatlinburg: This mountain town is home to popular attractions like Ober Gatlinburg Ski Resort and Amusement Park and Great Smoky Mountains National Park.
- Nashville: Known as Music City USA, Nashville attracts millions of visitors each year with its live music scene and iconic landmarks like the Grand Ole Opry.
- Pigeon Forge: Located near Gatlinburg, Pigeon Forge is home to Dollywood, a theme park created by country music legend Dolly Parton.
- Memphis: Famous for its blues and barbecue, Memphis is home to Beale Street, Graceland, and the National Civil Rights Museum.
- Chattanooga: This city is known for its outdoor activities like rock climbing and hiking, as well as attractions like the Tennessee Aquarium and the Incline Railway.
Conclusion
Tourism is a vital industry in Tennessee, contributing billions of dollars to the state’s economy each year. With its diverse range of attractions and destinations, Tennessee continues to attract millions of visitors from around the world.