MEMPHIS, Tenn. — The hotel industry is making a comeback in the Mid-South and Memphis is gaining national attention for it.
The CEO and president of Memphis Tourism said hotels in Memphis and Shelby County will reach 86-percent of their 2019 demand levels by the end of this year.
The Peabody Hotel in Memphis is one of many hotels proving you really can see the light at the end of the pandemic tunnel.
”I’m just excited to see the business turned around and our industry coming back; it’s going to be a lot faster than we thought it was going to be,” said Douglas Browne, Peabody Hotels and Resorts President.
“It means that we’re outperforming a lot of other destinations across the country when we’re 10 percent premium of hitting 2019 levels so early in this recovery, just really positive for Memphis and Shelby County and we’re thrilled about that,” said CEO of Memphis Tourism Kevin Kane.
Memphis is also expected to beat out the national average which forecasts a 76 percent recovery compared to 2019.
Kane said two national media outlets, which he cannot name right now are going to spotlight how far this city’s hotel industry has come since the pandemic. No word on when.
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