Tennessee Released Report On Claimed 2022 Tourism Numbers

The Tennessee Department Of Tourist Development Again Released Large Claims About Tourism In The State, This Time Saying The State Saw $28.9 Billion In Direct Visitor Spending In 2022 After Estimating That Number At $27.5 Billion In March. Those Claims, However, Are Called Into Question By Economists.

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Tennessee GOP Leaders Tout Questionable CNBC Business Climate Rankings

Tennessee Republican Leaders Have Touted The State’s No. 3 Ranking In CNBC’s Top States For Business This Week, But The Cable Network’s Rankings Are Also Being Questioned.

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Tennessee Tourism Report Produces Questionable Spending Claims Of $27B

Tennessee Once Again Claimed Victory When It Recently Touted That Visitors Had Spent $27.5 Billion On Tourism In The State In 2022. But Those Numbers, Presented By A Marketing Group Called Tourism Economics And Paid For By The United States Travel Association, Revealed Little About How The Numbers Were Computed.

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Analysis: Who Really Pays In Tennessee’s Sports Stadium Sales Tax Zone Funding Scheme?

In Many Of The Cases, Rather Than Using Direct Funding Methods From City Or State Coffers, Tennessee Has Now Opted To Have A Portion Of Funding For The Bonds On Building Stadiums To Come From Sales Tax Zones. Those Funds Are Often Termed By Those Proposing Deals As User Fees. But Economists Say That Doesn’t Show The Full Impact.

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Memphis To Ask Tennessee Taxpayers For $350M As Part Of $684M Sports Arena Projects

The City Of Memphis Plans To Ask The State Of Tennessee To Contribute $350 Million Toward Renovation Projects At Three City-Owned Arenas And To Help Build A New Soccer-Specific Stadium For Memphis 901 FC.

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Tennessee Titans Stadium Plan To Be Vetted By Stadium Committee On Oct. 26

After Announcing A Deal To Build A New Titans Stadium That Will Cost At Least $2.1 Billion, The Next Step For Metro Nashville In The Approval Process Will Be To Present The Deal To The City’s East Bank Stadium Committee At 4:30 P.M. On Oct. 26.

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