Pandemic decimated NYC tourism in 2020
The impact of the pandemic had a devastating effect on New York City, with revenues down about $60 billion across tourism, retail, the arts and culture, and transportation. It also led to the loss of 89,000 tourism related jobs and $1.2 billion in lost tax revenue.
Comptroller Thomas DiNapoli released a report detailing the economic impact during 2020 which showed tourism spending was only $13 billion, which was down 73%, and a full recovery is possibly years away.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Strike action set to cause travel chaos at Brussels airports
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent