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50% room supply growth over the last decade finally affects Nashville hotel performance

Occupancy deceleration has led to a decline in room rate this year
(CoStar)
(CoStar)
CoStar Analytics
August 29, 2025 | 5:57 P.M.

Nashville entered 2025 following a challenging 2024, with hotel performance remaining subdued as supply continues to outpace demand growth. The city’s hotel inventory expanded from approximately 40,000 rooms in 2014 to nearly 60,000 rooms in 2024, representing a 50% increase in supply.

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News | 50% room supply growth over the last decade finally affects Nashville hotel performance