"This has been an interesting run in this business," said Travis, 45, during a midday ceremony on Wednesday.
Travis, who emerged from humble roots in North Carolina, burst onto the country music charts in the mid-1980s. From 1986 to 1994, he had 15 No. 1 hits, including "Diggin' up Bones," "Forever and Ever, Amen" and "Honky Tonk Moon." He won three Grammys (search) and launched an acting career.
His films include 1997's "The Rainmaker," starring Jon Voight (search), who attended the ceremony.
"Someday, a movie on his life will be made because of all he has done," Voight said.
Travis said Voight was the only reason he was cast in the film.
"The reading I did was with Jon and he said, 'If he goes through this much trouble, give him the part,'" the 45-year-old singer said.
Travis, who is married to his longtime manager, Elizabeth Hatcher, thanked her for helping him throughout his career.
The singer's teen years were marred by drug and alcohol abuse and run-ins with the law. At 18 and on the verge of going to jail, he was rescued by Hatcher, then the manager of the Charlotte, N.C., nightclub where he performed.
"If I hadn't met her at a certain point in my life," Travis said, "I wouldn't be alive today."