Statewide Report Shows Tourism in Tennessee is Breaking Records
Gibson County, Tenn. – Visitors to Gibson County generated $24,305,600 in spending in 2023, a 3.84% increase from 2022, according to newly released data from Tourism Economics and the Tennessee Department of Tourist Development.
BY THE NUMBERS:
• Direct visitor spending in Gibson County generated $1,223,400 in state tax revenue and $939,400 in local tax revenue.
• If it were not for state and local taxes generated by tourism, each household in Gibson County would pay $108 more in state and local taxes.
• Direct visitor spending also supported 192 jobs in Gibson County.
• Gibson County ranked 54 among the 95 counties in Tennessee.
*Research conducted by Tourism Economics, commissioned by the Tennessee Department of Tourist Development. The data above highlights the impact of visitors within the incorporated and unincorporated areas of Gibson County.
Statewide, Tennessee tourism generated a record $30.6 billion in direct visitor spending and saw 144 million visitors to the state in 2023. Statewide visitor spending generated $3.2 billion in direct state and local tax revenues in 2023. Full details can be found in the statewide press release. Tourism boosts local economies, supports businesses and jobs, funds public services and creates a better quality of life for all Tennesseans.
An IMPLAN input-output model estimated the portion of calendar year 2023 spending attributable to visitors. For this study, a visitor includes those who stayed overnight or traveled more than 50 miles to the destination. The report focuses specifically on spending in retail, recreation, accommodations, food & dining, and transportation services. When visitors spend money in these categories, it generates state and local taxes that help fund schools, roads, and other needed public services.
The 2023 Economic Impact on Travel Report analyzes statewide spending and visitation from domestic and international travelers to Tennessee. The report includes methodology used to determine visitor spending, tax generation, job creation and more. The TN Travel Impact Interactive County Dashboard provides instant access to key metrics, statewide and by county, about the economic impact of travel to Tennessee.
Click HERE to see the by the numbers snapshot.
ABOUT TENNESSEE DEPARTMENT OF TOURIST DEVELOPMENT
The Tennessee Department of Tourist Development (TDTD) is dedicated to driving economic growth and tourism in all 95 counties. TDTD’s global marketing efforts increase visitation to Tennessee, which boosts tax revenue, creates jobs, and attracts new investment across the state. Tennessee is a global destination of choice offering visitors world-class music, live entertainment, family-friendly experiences, charming communities, innovative and classic culinary creations, renowned scenic beauty, and outdoor adventure—all centered at the crossroads of rich history and unrivaled hospitality. Vacations “sound perfect” in Tennessee. Visit TNvacation.com and follow @TNvacation on social media for travel inspiration.
