Growing Economy

Increase Hotel Tax Revenue to $700,000 per Month by June 30, 2017.

Hotel tax revenue is an indicator of a thriving economy. Increases in hotel tax revenue means more people are visiting our city and spending money with local businesses. Explore the data
dollars (monthly)
Current
dollars (monthly)
Jun 2019 Target
Goal Period ended June 2019

            Resurgence of the Scenic City

            We are fast becoming a world-class sports and outdoors destination. Each fall, our Tennessee River is transformed by Head of the Hooch, the second largest regatta in the U.S. In early summer, hundreds of professional cyclists race through our streets, competing in the US Pro Cycling Competition. And Chattanooga is host to the eleventh race in the U.S. IRONMAN triathlon series, a prestigious event that results in a significant economic and social impact. The City is actively engaged in the recruitment and retention of these economic sporting engines to ensure we capitalize on our assets as the Scenic City.

            Hotel Boom

            With the transformation of Chattanooga to a tourist destination and outdoor mecca, there has been an explosion of hotels throughout the city. Since 2012, hundreds of new hotel rooms were added in a variety of new hotels, from the Embassy Suites near Hamilton Place Mall to the downtown Holiday Inn & Suites.

            Tennessee Riverwalk Expansion

            In 2016, a long awaited three mile extension to the popular Tennessee Riverwalk was open, connecting downtown Chattanooga to the Incline located in St. Elmo. A recent study on the Tennessee Riverwalk found that the amenity has added $124.4 Million to our regional economy.

      Data Governance

      describes the quality of the data itself. Governance issues generally indicate that the data source is considered incomplete or unreliable.

      Model Health

      describes the quality of the predictive model. If the model health is poor, the trend prediction should not be trusted.

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