Nashville Hotel Market Data

Nashville, USA — North America

Market Snapshot

3-Star Average$140
4-Star Average$245
5-Star Average$440
Occupancy80%
RevPAR$196
YoY Growth6.8%
Hotels Tracked290
Competition LevelMedium
Peak SeasonMar-Oct

Market Insights

Nashville's hotel market at 80% occupancy and a medium competition level indicates a healthy demand. With 4-star rates at $245 and 5-star soaring to $440, there's significant room for premium positioning, especially for properties offering unique experiences. Value opportunities exist across the $84-$572 price range, suggesting targeted strategies can capture diverse guest segments.

Regulatory Environment

Metro Nashville hotel occupancy tax at 6%. Short-term rental permits required with owner-occupied and non-owner-occupied categories. Entertainment district noise ordinances affecting late-night venues.

Recent Market News

Nashville hotel supply growth moderating after rapid expansion. Music tourism and bachelorette party market remain strong demand drivers. New convention center expansion approved.