Thursday, 27 Mar 2025

New York City tourism on track for 79 Billion USD economic impact in 2024

New York City’s tourism industry is poised to end 2024 with an impressive $79 billion economic impact, including $51 billion in direct spending across the five boroughs, according to the latest report from New York City Tourism + Conventions.


New York City tourism on track for 79 Billion USD economic impact in 2024

Additionally, visitor spending generated $6.8 billion in tax revenue, saving the average NYC household approximately $2,000 in 2024. Small and minority-owned businesses across the boroughs have also benefited significantly from the influx of travelers.

China also showed recovery, contributing over 609,000 visitors. Domestic overnight stays have surpassed day-trip visits, further driving economic contributions.

Broadway attendance is expected to reach 12.5 million by the end of the year, with $1.5 billion in estimated grosses, reflecting steady recovery in the arts and culture sector.

Keywords: New York City tourism, NYC economic impact, $79 billion tourism, $51 billion visitor spending, 65 million visitors, NYC recovery, domestic travel growth, international travel growth, NYC hotel performance, Broadway recovery, NYC arts and culture, Mayor Eric Adams, NYC Tourism + Conventions, tourism infrastructure, NYC airports, NYC hospitality jobs, NYC travel forecast, global destination.

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