Thursday, August 22, 2024 New York City , the most populous city in the U.S. and the densest in North America, is a global hub for finance, politics, entertainment, and culture.
It rivals cities like London, Tokyo, and Paris, housing world-class museums, galleries, performance venues, and international corporations. As the home of the United Nations, it plays a crucial role in global diplomacy. With people from all over the world, New York City is one of the most cosmopolitan places on earth, attracting visitors from across the U.
S. and beyond with its cultural vibrancy and the promise of opportunity in the “Big Apple.” New York City continues to lead the way in global tourism, reaffirming its position as a top destination worldwide.
In 2023, the city attracted over 60 million international visitors, marking a 9.6% rise compared to 2022, fueled by a robust 23% surge in international travel. Visitors were captivated by its world-renowned shopping, iconic landmarks, and prestigious museums.
The domestic day-trip market also played a key role in this success, reaching 24.6 million, while overnight stays climbed to 25.9 million.
This resurgence in tourism has had a substantial economic impact. Visitor spending in 2023 surpassed $48 billion, while tourism-related tax revenues increased by 16% from FY 2020, reaching $4.9 billion in FY 2024.
Although international spending hasn’t fully bounced back to pre-pandemic levels, the city is optimistic about a full recovery by 2025, p.