Reviving New York’s tourism sector is one of the city’s top economic challenges, given that so many of the industries still suffering major job losses since the start of the pandemic are those most affected by the decline in tourists.
While there are encouraging signs that New York’s vital tourism sector is on the road to recovery, the city is still short millions of visitors compared to its pre-pandemic peak — including a significant share of higher-spending international tourists — and experts project that visitation won’t return to 2019 levels until 2024. [Read more…] about Accelerating NYC’s Tourism Recovery Symposium
The Center for an Urban Future (CUF) held a forum on September 9th, which convened two expert panels featuring leaders in tourism from across the world and within the five boroughs of the city of New York, which surfaced several ideas to help support struggling businesses and institutions in the tourism economy today, while getting the sector firmly on the path to long-term recovery.