Need Another Reason It's Great to Live in Nashville? Hotel Rooms Are the Country's Most Expensive

NASHVILLE, TN — One of the great things about living in Nashville is that there is no need to visit Nashville and being a tourist in your hometown doesn't require a hotel stay.

Which is good, because according to a new study, the Music City has the most expensive downtown hotel rates in the U.S..

According to CheapHotels.org, the average price for a Nashville hotel room for October is $261, ahead of Boston at $257 per night and Washington, D.C. at $192 per night.

The survey compared the 30 largest U.S. cities and used centrally-located hotels rated 3-stars or better. October typically has the highest hotel prices nationally.

The main driver in Nashville, of course, is tight room supply downtown in a city with a booming tourist sector. The supply squeeze — and thus the prices — should ease as more rooms become available at the end of the current hotel construction boom. More than 11,000 rooms are in some stage of development right now market-wide and 1,800 rooms will be ready by the end of 2018.

The Tennessean notes that the survey was skewed by its use of downtown hotel rooms, which, in Nashville, primarily means higher-end properties with an average per-room price of $500. Marketwide, for example, during the high-traffic CMA Fest, downtown averaged $204, while the market rate was $132.

Image via Flickr user Ryan McGilchrist, used under Creative Commons