Economic Impact

Visiting Louisville is Great. Living Here is Even Greater. (Maybe that’s Why They Call It Greater Louisville.)
In 2007, $1.7 Billion in tourist dollars was spent on daytrips and overnight trips to Louisville. And as Louisville’s third largest industry, tourism supported nearly 28,000 jobs in Jefferson County alone. The economic impact is of course significant, but the results are even more important, as they positively affect the quality of life in Louisville itself.
Tourism generates funding for all kinds of economic initiatives, initiatives that directly benefit Louisville’s deep and diverse community. From one of the country’s finest metropolitan park systems, to an outstanding core of arts groups, to families and professionals, to researchers, investors, educators, entrepreneurs, and dreamers alike, Louisville is a city rich with the promise of a life and future where almost anything is possible.
By maintaining its commitment to this critically important industry, Louisville simultaneously enriches and nurtures its infrastructure — which is why, year after year, Louisville ranks as one of the very top cities in the nation for quality of life.
Economic Impact Documents
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Website Return on Investment StudyTotal economic impact/ROI of the web site: $36.36M |
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2007 Overnight and Day Trips Report$1.7 Billion was spent in 2007 by overnight and day trips in Louisville. |
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2007 Overnight and Day Trips Statistical Data16.7 Million U.S. residents visited Louisville for a day or overnight trip in 2007. |
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Eight Year Trends, Analysis & Projection Convention Pace Report1.5 Million Definite Room nights projectted over the next 7 years. |
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2008/2009 Fiscal Budget$13.9 Million in support and revenue for 2008/2009. |
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Average Daily Rate&Hotel Occupany ReportHow Louisville's hotel average daily rate and occupany compares to its primary competitive cities. (Cincinnati, Indianapolis and Nashville) |
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2008 Kentucky International Convention Center Bond Debt ServiceThe LCVB is the guarantor for the $45 million in bonds for the Kentucky International Convention Center. 2% of the hotel bed tax is used to retire the debt on the facility. |
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Economic Conditions in the Louisville MarketPaul Coomes study presented to Greater Louisville Inc. in June 2008. |






