2020 01 21 Nashville Tourism & Hospitality Overview...Title Microsoft PowerPoint - 2020_01_21...

21
Accolades - Nashville Nashville is named one of “The Top 20 Destinations for 2020” by Forbes Nashville is included in the Conde Nast Traveler “20 Best Places to Go in 2020” Nashville ranked #6 on Cvent’s list of “Top 50 Meeting Destinations in the United States” The Sports Business Journal named Nashville the “Best Sports City” in 2019. Nashville ranked #6 on KAYAK’s list of “Top 10 Wallet-Friendly North American Flights” Nashville Hospitality & Visitation Access Nashville Int’l Airport (BNA) is one of the fastest growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations. One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville Market Stats 16.1 million visitors in 2019 (+6% over 2018) 5-7% of overnight visitors are international Number of hotel rooms Nashville MSA: 47,800 (2019 occ: 73.5%) Davidson County: 33,200 (2019 occ: 75.3%) Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city. 112 new restaurants/bars/cafes opened in 2019, the 3 rd year in a row with over 100 openings. Number of Visitors (millions) Updated: Jan 2020 Source: US Travel Assn Rooms in Pipeline In Construction 5,030 Final Planning 3,318 Planning 2,877 Prospect 3,419 TOTAL 14,644 Hotel Development Pipeline Economic Impact (2018) Source: NCVC, STR, Visitor Profile data Direct Visitor Spending (billions) 2018 % change from 2017 Direct Visitor Spend $7.0 billion 7.0% Jobs 71,140 4.1% Worker/income paychecks $1.79 billion 8.3% State & local taxes $522 million 5.5% Visitor Profile (2018-19) Average party size: 2.5 people Average length of stay: 3.6 nights Average spending per person per day: $179 91% are likely to return to Nashville New Hotel Properties New Hotel Rooms 2016 5 830 2017 9 1,219 2018 15 2,304 2019 18 2,483 2020(f) 20 3,580 $3.6 $3.8 $4.3 $4.6 $5.0 $5.4 $5.7 $6.0 $6.5 $7.0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 10.0 11.2 11.5 12.2 13.1 13.5 13.9 14.5 15.2 16.1 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Transcript of 2020 01 21 Nashville Tourism & Hospitality Overview...Title Microsoft PowerPoint - 2020_01_21...

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

  • Accolades - Nashville• Nashville is named one of “The Top 20

    Destinations for 2020” by Forbes• Nashville is included in the Conde Nast Traveler

    “20 Best Places to Go in 2020”• Nashville ranked #6 on Cvent’s list of “Top 50

    Meeting Destinations in the United States”• The Sports Business Journal named Nashville the

    “Best Sports City” in 2019.• Nashville ranked #6 on KAYAK’s list of “Top 10

    Wallet-Friendly North American Flights”

    Nashville Hospitality & Visitation

    Access• Nashville Int’l Airport (BNA) is one of the fastest

    growing airports in North America. It served over 18.2 million passengers last year on 14 airlines with 540 total daily flights to 75 nonstop destinations.

    • One of only six cities where 3 interstates connect; over 40% of the US population lives within 600 miles of Nashville

    Market Stats• 16.1 million visitors in 2019 (+6% over 2018)• 5-7% of overnight visitors are international• Number of hotel rooms

    • Nashville MSA: 47,800 (2019 occ: 73.5%)• Davidson County: 33,200 (2019 occ: 75.3%)

    • Segmentation estimates: 37% group blocks, 37% leisure, 23% business, 3% other

    • In the past 5 years, Nashville demand (hotel rooms sold) has grown faster than any other top 30 US city.

    • 112 new restaurants/bars/cafes opened in 2019, the 3rd year in a row with over 100 openings.

    Number of Visitors (millions)

    Updated: Jan 2020

    Source: US Travel Assn

    Rooms in PipelineIn Construction 5,030Final Planning 3,318Planning 2,877Prospect 3,419TOTAL 14,644

    Hotel Development Pipeline

    Economic Impact (2018)

    Source: NCVC, STR, Visitor Profile data

    Direct Visitor Spending (billions)

    2018 % change from 2017Direct Visitor Spend $7.0 billion 7.0%Jobs 71,140 4.1%Worker/income paychecks $1.79 billion 8.3%State & local taxes $522 million 5.5%

    Visitor Profile (2018-19)• Average party size: 2.5 people• Average length of stay: 3.6 nights• Average spending per person per day: $179• 91% are likely to return to Nashville

    New Hotel Properties New Hotel Rooms2016 5 8302017 9 1,2192018 15 2,3042019 18 2,4832020(f) 20 3,580

    $3.6 $3.8$4.3

    $4.6$5.0

    $5.4$5.7

    $6.0$6.5

    $7.0

    2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    10.011.2 11.5

    12.213.1 13.5

    13.9 14.515.2 16.1

    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019