10/14/2013

Nashville's thriving lodging industry is attracting hotel development, the latest being Omni Hotels & Resorts' 800-room convention center hotel. Data from STR show an 11.3% rise in revenue per available room at Nashville hotels year to date through August, amid a 6.5% increase in average daily rate. Hotel demand this year is up 5.5%, while supply through the first eight months of 2013 rose 1%.

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