Northeast Tennessee Tourism Association reposted this
Tennessee Tourism generated $30.6 billion in direct visitor spending in 2023, a 25% increase over two years. ICYMI: Without tourism, each Tennessee household would have to pay an additional $1,160 in taxes each year We look forward to sharing county and region-specific numbers in a few weeks! #northeasttennessee #tnsoundsperfect #economicimpact
🎉 Exciting News for Tennessee! 🎉 Tennessee tourism has reached new heights with a record $30.6 billion in direct visitor spending and 144 million visitors in 2023! 🌟 According to Tourism Economics and the Tennessee Department of Tourist Development, that's a 6.2% increase in spending and marks a 125% recovery over pre-pandemic levels. Governor Bill Lee highlights, "When tourism grows, Tennessee reaps the benefit with increased sales tax revenue. Tourism boosts local economies, supports businesses and jobs, funds public services and creates a better quality of life for all Tennesseans. We welcome visitors from around the world to experience Tennessee's music, scenic outdoor beauty, culture and food from Mountain City to Memphis." 📈 Key Highlights: - $30.6 billion in direct visitor spending in 2023, up 25% over two years - - Visitors spent $84 million each day in 2023 - $3.2 billion in direct state and local tax revenues, saving each TN household $1,160 annually - Sustained 191,522 direct jobs, with employment supported by visitor activity up 3% in 2023 - Domestic visitor spending at 127% recovery, international at 81.6% Tennessee, your hard work and hospitality shine through! Let's keep the momentum going! 🌟 Read the full economic impact release here: https://lnkd.in/gB6Qqiba