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New York City

What Does Tourism Mean to New York City?

In 2023, Visitor Spending at Local Businesses Totaled: $53,571,000,000!

  • $15.1B was spent on Lodging / Accommodations
  • $6.4B was spent on Recreation / Entertainment
  • $11.8B was spent on Food & Beverage
  • $9.4B was spent on Retail Goods and Services
  • $10.1B was spent on Local Transportation
  • $799M was spent on Vacation Property / Second Homes

Visitor spending enhances our Standard of Living in New York City, generating:

  • $4B in COUNTY TAX REVENUE, reducing the tax burden on residents
  • $27.7B LOCAL EMPLOYMENT INCOME supported by visitor spending

Source: Empire State Development, I LOVE NEW YORK & Tourism Economics

New York City residents enjoy many amenities and an enriched quality of life that simply wouldn't be possible in a community our size without the financial support of visitors. Lively arts and cultural facilities, diverse dining establishments, museums, attractions, and unique retail shopping and recreational opportunities rely on visitor patronage to survive and flourish.