Gov. Bill Haslam and TN Tourism Announce Record-Breaking Economic Impact Numbers

NASHVILLE, Tenn.-— Governor Bill Haslam and Commissioner Kevin Triplett, Tennessee Department of Tourist Development, recently announced during a special event at the Ryman Auditorium that tourism’s direct domestic and international travel expenditures reached $17.7 billion in 2014, up 6.3 percent, and an all-time high for the state. Tourism-generated jobs for Tennesseans reached 152,900, an increase of 2.8 percent. State and local sales tax revenue for the industry topped $1.5 billion, up 7 percent over 2013, and the ninth consecutive year tourism topped $1 billion, according to the latest statistics from the 2014 Economic Impact of Travel on Tennessee as reported by U.S. Travel Association.

For the first time in history, travel to Tennessee topped 100 million, achieving 101.3 million person stays, a 5.1 percent increase over 2013. International travel increased 8.4 percent, reaching $576.5 million in economic impact. All 95 counties in Tennessee had more than $1 million in direct travel expenditures, 19 counties saw more than $100 million, and three counties, Davidson, Shelby and Sevier, had more than $1 billion in economic impact. Knox and Hamilton Counties round out the Top 5 with nearly $1 billion in economic impact. Tennessee is ranked in the Top 10 destinations in the U.S. for total travel.

Tourists spent a total of $12.26 million in Fentress County in 2014, an increase of 1.9% compared to 2013, generating a total of $0.69 million in state and $0.82 million in local tax revenues, increases of 2.2% and 2.1%, respectively. A total of 83 Fentress Countians are employed in tourism-related fields.

Read the rest of the story in this weeks Fentress Courier.