August 22, 2024

Louisville, Kentucky Nearly Doubles Year-over-Year Event Volume, Hits 94.9 Percent Growth in July

Up-and-coming market consistently leads in meeting event growth in 2024, while Philadelphia led in the top 25 markets

Up-and-coming market consistently leads in meeting event growth in 2024, while Philadelphia led in the top 25 markets

ARLINGTON, Va. — Aug. 21, 2024 — Knowland, the world’s leading provider of data-as-a-service
insights on meetings and events for hospitality, reported that while Philadelphia led in the top 25 markets,
Louisville, Ky., doubled year-over-year (YoY) event volume growth, hitting 94.9 percent. This is the fifth
month Louisville has ranked in the top five secondary markets this year. This data is sourced from
Knowland’s sales intelligence platform and designed to help hoteliers protect and grow their revenue
base.

Louisville continues to be a hot spot for travel in 2024. After appearing in multiple Top Places to Travel
lists
, including The New York Times, Travel & Leisure, and Frommer’s, Bourbon City has become a
stronghold for meetings in a secondary market, with an average of 4,935 square feet used and 119
attendees. By comparison, Philadelphia, the top 25 market leader in July, averaged 3,066 square feet and
117 attendees. Also notable is the overall growth in secondary markets, with an average of 6.9 percent,
compared to the top 25 markets’ average of 3.6 percent.

Leading top 25 markets by YoY growth in event volume – Philadelphia topped the list with
27.7 percent event volume growth in July, driven by a National Education Association (NEA)
event and many state-level education associations in this category. Below is additional insight
into the top industry drivers for these markets.
o Philadelphia (+27.7 percent): National Association, Charity/Non-Profit/Social Services,
State Association, Education, Religious.
o Denver (+27.2 percent): Technology, National Association, Charity/Non-Profit/Social
Services, Training/Education, HealthCare.
o Las Vegas (+26.5 percent): Sports Entertainment, National Association, Education,
Entertainment/Media, Wedding.
o Nashville, Tenn. (+12.8 percent):  Technology, National Association, HealthCare,
Manufacturing, Reunion.
o Phoenix (+12.8 percent): National Association, Training/Education, HealthCare, Sports
Entertainment, Technology.

Top five secondary markets by YoY growth in event volume – Louisville, Ky. led in
secondary markets, with event bookings increasing 94.9 percent and National Association
meetings as the leading industry driver. The five high-growth secondary markets and top
industries were:
o Louisville, Ky. (94.9 percent) – National Association
o Lexington, Ky. (48.5 percent) – Education
o Sacramento, Calif. (46.2 percent) – Education
o Madison, Wis. (42.1 percent) – National Association
o Charlotte, N.C./S.C. (41.1 percent) – Reunion

About the Data: This data is provided to help hoteliers still building momentum gain insight into the top
locations selected by today’s meeting planners. This information about the leading industry drivers
provides a clear picture of those groups that are returning to the meeting and event space. Insights
presented result from the analysis of meetings and events data acquired through Knowland data collection
and aggregation methods, including field reporting and automated methods of customer and non-customer
data collection in primary, secondary, and tertiary markets, as well as its large historical database.


ABOUT KNOWLAND
Celebrating its 20 th year in 2024, Knowland is the world’s leading provider of data-as-a-service insights
on meetings and events for hospitality. With the industry’s largest historical database of actualized events,
thousands of customers trust Knowland to sell group smarter and maximize their revenue. Knowland
operates globally and is headquartered just outside Washington, DC. To learn more about our solutions,
visit www.knowland.com or follow us on X @knowlandgroup.

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