The 2016 Southern Lodging Summit drew a crowd of hoteliers and industry experts to Memphis. While delegates shared optimism about the prospects for growth, the conference shed light on some looming operational challenges facing the region’s hotels.
Transactions, performance, and demand are up for Nashville’s lodging industry, and new supply is set to come online over the next year. Are the city’s hotel demand generators prepared to keep up the pace?
Shipping and manufacturing have been the backbone of Chattanooga’s economy for more than a century. New investments in leisure attractions and commercial facilities are encouraging even more guests to pass through, bringing business to local hotels.
New demand-generating developments and attractive investment parameters are putting the Nashville hotel market on track for an impressive recovery.