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Tennessee's tourism impact on the economy

Kaldari/Wikipedia

Tennessee tourism: $20 Billion spent in 2017, $1.8 Billion in tax revenue.

Posted: Aug 29, 2018 4:45 AM
Updated: Aug 29, 2018 7:38 AM

NASHVILLE, Tenn. (AP) - State officials say a record-setting $20.8 billion was spent on tourism in Tennessee last year, a 6.3 percent increase from 2016.

Gov. Bill Haslam revealed Tuesday that Tennessee brought in $1.8 billion in state and local tax revenue from tourism, a 7.6 percent increase from 2016. That increase is higher than the 4.6 percent national growth of travel-related state tax revenues.

Haslam said all 95 counties had an increase in tourism spending last year, with 20 counties topping $100 million.

Five counties exceeded $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's 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 This material may not be published, broadcast, rewritten or redistributed.)

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