Memphis hotel industry struggles to get back to pre-pandemic numbers
“We got a lot of work to do still,” Memphis Tourism President and CEO Kevin Kane said. “But it’s going in the right direction.” (Sophia Surrett/The Daily Memphian)
Although the hotel industry in the greater Memphis area has come close to pre-pandemic numbers, the market struggles to improve from year to year.
Hospitality industry leaders spoke on the national and local trends and outlooks, detailing a cautiously optimistic attitude for 2025 at the 27th Annual Lodging Industry Update on Friday, Feb. 21, at Hilton Memphis.
Memphis Tourism data showed Memphis had a 4.5% decrease in occupancy rate in 2024 from 2023.
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Annual Lodging Industry Update Memphis hotel industry Memphis Tourism Subscriber OnlyAre you enjoying your subscription?
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Sophia Surrett
Sophia Surrett is a University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers commercial real estate, economic development, residential real estate, restaurant real estate, and hospitality and tourism.
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