More Accolades for Nashville

[Alley]

On 7/27/2022 at 8:16 PM, Flatrock said:

Who'd have thunk it!? Apparently, our town is leading the country in luxury housing. I'm speechless....

Also, they use aggravatingly dated pics on a piece about newly constructed luxury housing. Very sad and lazy, but still a good read.

A snippet from the Mansion Global article:

"“In the late ’90s, early 2000s, the city had a nice downtown, but people only went there to drink and listen to music. Nobody lived downtown,” said George Ratiu, manager of economic research for Realtor.com. “You go to Nashville downtown today, it is sparkling with gleaming, glass skyscrapers, condos, apartments, office buildings. It has an entire host of establishments from stadiums to concert halls. It has grown to resemble much bigger cities over the last decade or two.”"

https://www.mansionglobal.com/articles/nashville-leads-u-s-luxury-housing-market-in-latest-wsj-realtor-com-rankings-01658837026

 

[markhollin]

June was a huge month for Nashville tourism, setting several new records:

- $65.8 million in visitor spending, up from previous high of $64.9 million in 2019. 

- 83% of CMA Fest attendees were from out of town and stayed an average of 5.1 nights.

- 875,407 room nights sold in area hospitality developments, up from the previous high of 869,439 in May. 

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/08/09/economic-impact-of-nashvilles-summer-events-june.html

[BnaBreaker]

15 minutes ago, markhollin said:

- 83% of visitors were from out of town and stayed an average of 5.1 nights.

 

This is probably a dumb question, but why wouldn't the figure be 100% of "visitors"  being from out of town?  How can a resident of Nashville also be a visitor to Nashville?

[Rick Dalton]

8 minutes ago, BnaBreaker said:

This is probably a dumb question, but why wouldn't the figure be 100% of "visitors"  being from out of town?  How can a resident of Nashville also be a visitor to Nashville?

replace visitors with attendees and it makes sense

[BnaBreaker]

1 hour ago, natethegreat said:

replace visitors with attendees and it makes sense

Ah, thanks... I'm an idiot and just kind of glazed over the part where it said "CMA Fest attendees"... I thought they were just talking about tourists in general.  

[markhollin]

Of the 5,000 fastest-growing companies in the US, 64 of them are right here in Nashville. These had a median growth of 202%, total revenue of $5.2 billion, added 5,987 jobs, and 38 are repeat honorees. Additionally, eight of these companies are newly founded, according to Inc. 5000.

[markhollin]

What attendees of the 2022 American Society of Association Executives Meeting & Exposition (the "super bowl" of convention leaders) think about Nashville after their gathering of 2,700 people here last week. Mostly gleaming reviews of the city as a host for their future conventions. 

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/08/24/how-they-see-us-takeaways-from-2022-asae-annual.html

[markhollin]

The Basement East has been named the Club of the Year by the Academy of Country Music Honors. Since reopening after the 2020 tornado damaged the venue, it’s hosted 130+ sold out shows.

[markhollin]

Tennessee tourism numbers outpaced the nation by 24% in year-over-year growth in 2021, resulting in $24 billion generated from domestic travel spending — a record for the state, according to economic impact data released from the U.S. Travel Association and Tourism Economics.

The state generated $1.9 billion in taxes from tourism in 2021, $755.41 per Tennessee household, according to a state press release.

Davidson County helped fuel the state's record, generating 30% of tourism spending revenue. The county saw a 64% increase in year-over-year spending, with 2021 visitor spending totaling $7.4 billion. The number is shy of 2019, $7.9 million, a result of international travel still catching up to pre-pandemic levels.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/08/31/tennessee-tourism-nashville-2021.html

[markhollin]

Nashville is ranked #4 Most Polite City in the U.S. by Preply.

https://preply.com/en/blog/rudest-cities/?utm_source=Sailthru&utm_medium=email&utm_campaign=NASH_09.09.2022_SEP&utm_term=NASHtoday: Subscribers - MASTER

[Armacing]

2 hours ago, markhollin said:

Nashville is ranked #4 Most Polite City in the U.S. by Preply.

https://preply.com/en/blog/rudest-cities/?utm_source=Sailthru&utm_medium=email&utm_campaign=NASH_09.09.2022_SEP&utm_term=NASHtoday: Subscribers - MASTER

Wow, the big take away from that study (in my opinion) is just how poorly Memphis ranks in so many categories, and the stark contrast versus Nashville's favorable rating.   No wonder the economic fates of the two cities are so wildly divergent!

[Rick Dalton]

Memphis is really having a tough time , in all aspects 

[The Guardian of Memphis]

9 hours ago, natethegreat said:

Memphis is really having a tough time , in all aspects 

We are resilient. We’ll overcome this too. Only with God’s help. Congrats to Nashville for all the accolades. Comparison isn’t needed now though.

10 hours ago, Armacing said:

Wow, the big take away from that study (in my opinion) is just how poorly Memphis ranks in so many categories, and the stark contrast versus Nashville's favorable rating.   No wonder the economic fates of the two cities are so wildly divergent!

That’s OK. We aren’t poor in heart or spirit. 

[smeagolsfree]

It's just how much one negative news article can really hurt a city and that is so unfortunate. This past couple of weeks Memphis had to endure two tragic stories in the media and people will remember those around the nation, but what they will not remember is how the neighbors came around the family of the one victim.

In retrospect, the Nashville bombing aftermath, there were hero's, rebuilding, overcoming the negative, and that is sort of what the media focused on. They turned it into a positive. That is how the mayor's office in Memphis has to attempt to handle these situations. I heard very little in the news from the mayor's office on the news, just a police major and that is what made the headlines. A lot of it is how the leadership of a city handles things, even as poor as I think our leadership may or may not be.

I did hear on one news account citizens blaming the city leadership for the crime. I am unfamiliar with how the leadership there is, but it seems as if they were moving in a positive direction.

[Rick Dalton]

I want Memphis to do well, but it’s such a mess. Everywhere in the city is dangerous. 

[bnacincy]

Could be an inflection point for Memphis-for better or worse. The city may need help from the State of Tennessee in dealing with the crime situation and also to make sure this does no damage to the Blue Oval project at the Memphis Megasite.

[smeagolsfree]

I would never make blanket statements saying everywhere in a city is unsafe or bad. Crime can happen anywhere in any city at any time.

[dxfret]

Sadly both crime and poverty in Memphis have been among the worst in the country for decades.  Things never seem to improve.  The economic stagnation in Memphis we see today is a direct result.  

[markhollin]

Tennessee is rated #9 among  Top 10 destinations for wealthy millennials, according to a new study from finance platform Smartasset. The state ranks 9th among states with the largest net gain in wealthy millennials between 2019 and 2020. Smartasset examined tax filer migration data from the IRS for people under 35 and earning at least $100,000 in adjusted gross income.

https://smartasset.com/data-studies/states-losing-and-gaining-the-most-rich-young-professionals-2022

https://www.bizjournals.com/nashville/news/2022/09/12/young-rich-people-millennials-move-to-tn.html

[markhollin]

Locust has been named Food & Wine magazine’s Restaurant of the Year 2022, the publication announced September 12.

Chef Trevor Moran and Strategic Hospitality opened Locust in October 2020 in Nashville’s 12South neighborhood, at 2305 12th Ave. South.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/09/12/locust-named-food-wine-magazines-restaurant-of.html

[citywatcher]

6 hours ago, markhollin said:

Locust has been named Food & Wine magazine’s Restaurant of the Year 2022, the publication announced September 12.

Chef Trevor Moran and Strategic Hospitality opened Locust in October 2020 in Nashville’s 12South neighborhood, at 2305 12th Ave. South.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/09/12/locust-named-food-wine-magazines-restaurant-of.html

Article can also be found on https://www.foodandwine.com/travel/restaurants/restaurant-of-year

 

[markhollin]

An overview of Nashville's booming tourism scene at The Tennessean:

https://www.tennessean.com/story/money/2022/10/03/nashville-tourism-scene-growth-revenue-readers-questions-answered/69527022007/

[dxfret]

On 10/3/2022 at 9:06 AM, markhollin said:

An overview of Nashville's booming tourism scene at The Tennessean:

https://www.tennessean.com/story/money/2022/10/03/nashville-tourism-scene-growth-revenue-readers-questions-answered/69527022007/

The Tennessean has little credibility.  Every story is behind a paywall and their articles are poorly researched and edited. Very weak local reporting and zero investigative reporting. Even the tv news has better local news coverage. The late, great John Seigenthaler would not believe how Gannett has destroyed this once good local newspaper.  

[markhollin]

Nashville ranked #15 in the nation for “Best Cities to Start a Business” according to Clever’s website:

https://www.realestatewitch.com/best-startup-cities-2022/?utm_source=Sailthru&utm_medium=email&utm_campaign=NASH_10.13.2022_OCT&utm_term=NASHtoday: Subscribers - MASTER#worst-startup-cities
 

Bridgestone Arena wins the Arena of the Year award at the International Entertainment Buyers Association Conference yet again. The venue has taken home the honor five other times in the past, including 2008, 2010, 2015, 2017, and 2019.

[markhollin]

Bridgestone Arena wins the Arena of the Year award at the International Entertainment Buyers Association Conference yet again. The venue has taken home the honor five other times in the past, including 2008, 2010, 2015, 2017, and 2019.