NYC Tourism Booms: 64 Million Visitors & $79 Billion Economic Impact!
Time Out9 months ago
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NYC Tourism Booms: 64 Million Visitors & $79 Billion Economic Impact!

BUSINESS
tourism
nyc
economy
travel
broadway
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Summary:

  • NYC welcomed roughly 64.3 million travelers in 2024, making it the most-visited large city in the U.S.

  • Tourism generated an estimated $79 billion for the city and state economies, including over $51 billion in direct spending.

  • Domestic travel was a major driver, with significant numbers from Philadelphia, D.C., Boston, and Los Angeles.

  • Broadway attendance and revenue are also recovering strongly.

  • 2025 is projected to see even more growth, exceeding pre-pandemic tourism levels.

NYC Tourism Reaches Record-Breaking Levels

New York City is officially back! A recent report reveals that NYC welcomed approximately 64.3 million travelers in 2024, making it the most-visited large city in the U.S. This represents a remarkable 97% recovery from its pre-pandemic peak in 2019.

Who Visited NYC?

The majority of visitors were domestic travelers, with significant numbers arriving from Philadelphia, D.C., Boston, and Los Angeles. International travel also saw a surge, with the U.K. leading the way with 1.1 million visitors.

<img src="https://media.timeout.com/images/106181370/image.jpg" alt="The Pierre facade">

Economic Impact

This tourism boom had a massive economic impact, generating an estimated $79 billion for the city and state economies. This includes over $51 billion in direct spending, supporting more than 388,000 jobs in the leisure and hospitality sectors and generating over $6.8 billion in tax revenue.

<img src="https://media.timeout.com/images/106161308/image.jpg" alt="The Lion King on Broadway">

Broadway's Revival

Broadway also experienced a significant resurgence. Attendance is projected to reach 12.5 million by the end of 2024, with gross revenue estimated at $1.5 billion.

What's Next?

The future looks even brighter for NYC tourism. In 2025, visitor numbers are projected to exceed pre-pandemic levels, with a predicted 67.1 million travelers.

This incredible recovery highlights NYC's enduring appeal and resilience as a global tourist destination. The city's thriving tourism sector is a significant driver of economic growth and job creation, benefiting both local businesses and residents.

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