Categories
News News Blog News Feature

Report: Tourism Spending Rose Above $4B Here Last Year

Tourists spent more on food and beverage than any other category.

Tourism topped a record-breaking $4 billion in spending in Shelby County last year, up from 2021, and enough to rank second in spending among Tennessee’s 95 counties. 

These are the finalized figures from U.S. Travel and Tourism Economics and released recently by the Tennessee Department of Tourism Development (TDTD). The report shows spending here rose 16 percent from 2021’s spend of $3.4 billion to just over $4 billion. The new figure showed growth over 2019’s pre-pandemic activity when tourists spent more than $3.7 billion in Shelby County. 

Credit: State of Tennessee

Visitor spending in Shelby County brought more than $391.8 million to state and local tax coffers. State officials said without this tourism money, each Shelby County household would pay $1,105 more in state and local taxes. Tourism spending also supported 27,745 jobs here. 

What did visitors buy here? Food and beverage topped the list with more than $1.3 billion spent. Transportation ($956.7 million), accommodations ($669.5 million), recreation ($566.1 million), and retail ($490.6 million) rounded out the top five spending categories. 

Credit: State of Tennessee

About 141 million people visited Tennessee last year and spent around $29 billion, a figure higher than the preliminary report issued earlier this year.    

   “Tennessee is thriving as tourism is soaring,” said Mark Ezell, TDTD Commissioner. “Our industry’s hard work is paying off with record levels of visitor spending and significantly outpacing inflation.” 

Shelby County ranked second to Davidson County in spending last year. Nashville saw tourist spending rise 35 percent from 2021 to a record $9.9 billion.