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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.
This forum offered an ideas-focused discussion about what more city and state leaders can do to accelerate New York City's tourism recovery. Although several important initiatives have been launched by NYC & Company and others to promote New York and spur a tourism rebound, the forum explored other specific actions that city and state leaders, tourism agencies, and economic development officials could take to supercharge New York’s tourism recovery, ensure the economic benefits are widely shared, and lay the groundwork for a stronger tourism economy in the future.
This symposium was made possible through generous support from United and Airbnb. We are also grateful for general support from The Clark Foundation, the Bernard F. and Alva B. Gimbel Foundation, the Altman Foundation, and ongoing support from a number of other philanthropic funders.
Center for an Urban Future is a catalyst for smart and sustainable policies that reduce inequality, increase economic mobility, and grow the economy in NYC.
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