MEMPHIS HOTEL LOCATION
With a population of 653,450, Memphis is the largest city in the state of Tennessee, the largest city on the Mississippi River, and the 23rd largest in the United States. Owing to its location on the Mississippi River and the convergence of several major railroads in the city, Memphis serves as a national center for trade. FedEx has realized major growth and its massive cargo operations at Memphis International Airport, the world’s second busiest cargo airport, have further boosted the city’s status as an international logistics hub. As of 2014, Memphis was the home of nine Fortune 500 companies: FedEx (no. 63), HCA Holdings (no. 82), International Paper (no. 107), Dollar General (no. 175), Community Health Systems (no. 184), Unum Group (no. 257), AutoZone (no. 306), Eastman Chemical (no. 324), and Vanguard Health Systems (no. 391).
Tourism to Memphis is also going strong. With over 10 million tourists a year visiting Memphis, visitors spend over $3.1 billion per year. One of the largest celebrations of the city is the month-long Memphis in May. The four main events held are the Beale Street Music Festival, International Week, The World Championship Barbeque Cooking Contest, and the Great River Run. Known as “Blues City” and the “Birthplace of Rock n’ Roll,” Memphis helped launch the careers of Elvis Presley, Muddy Waters, Carl Perkins, Johnny Cash, B.B. King, and Al Green. Millions continue to seek out the city’s rich musical and cultural heritage each year -- including the famed Beale Street Entertainment District (over 4 million visitors each year) and Graceland (over 600,000 visitors per year).
In 2015, the former Memphis Pyramid completed its $180 million dollar renovation into the largest Bass Pro Shop in the world and in itself has become one of the largest tourist attractions in the mid-South. Downtown Memphis continues to be cited as “booming”, with more than $1 billion in investment in downtown medical institutions and downtown residential occupancy is at 95%.
Recent Memphis Accolades
“Top 4 Markets for Millennials” by offering the right live/work/play environment – Wall Street Journal. “America’s Best Iconic Street” - Beale Street – USA Today National Vote.
“Best Iconic American Attraction” – Graceland – USA Today National Vote.
Spurred by growth in engineering jobs, ranked as the 10th city in the country
“Creating the Most Tech Jobs” –Forbes.