NYC expects another record tourism year
New York is looking forward to another banner year for tourism despite various headwinds.
A strong US dollar, Brexit and the ongoing trade tensions are not helping inbound tourism, but NYC still expects to post another record year for arrivals.
"We’re facing some headwinds economically and geopolitically, but we’re still on track for growth in 2019," NYC & Company CEO Fred Dixon told the New York Times.
According to estimates, the city is on track to welcome nearly 67 million tourists in 2019.
That is almost two million more than last year’s record and would represent a decade of continuous annual growth.
Dixon said the top two markets – the UK and China – will continue to post increases, although significantly smaller than in recent years.
It is expecting about 50,000 more Chinese visitors at 1.16 million for the year, although average spending is likely to be down.
This will help to offset declines from South American markets.
"The big trend in travel today is experiential. New York offers a wide swath of experiences, whether they lean toward the culinary, cultural, fashion or shopping," Dixon said.
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