The impact of Tennessee tourism on the economy

[ad_1]

NASHVILLE, Tennessee (AP) – State officials say a record $ 20.8 billion was spent on tourism in Tennessee last year, a 6.3% increase from to 2016.

Gov. Bill Haslam revealed on Tuesday that Tennessee generated $ 1.8 billion in state and local tourism tax revenue, a 7.6% increase from 2016. The increase is higher than the national growth of 4 , 6% of state tax revenue related to travel.

Haslam said all 95 counties increased their spending on tourism last year, with 20 counties exceeding $ 100 million.

Five counties topped $ 1 billion: Davidson County and Nashville at $ 6.5 billion; $ 3.5 billion in Shelby County, where Memphis is located; $ 2 billion in Sevier County, gateway to the Smoky Mountains; $ 1.1 billion in Hamilton County, Chattanooga County; and $ 1.1 billion in Knox County, home to Knoxville.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

[ad_2]
Source link

Leave a Reply

Your email address will not be published.