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New York City Predicted Record Tourism. Then Came Trump

Financial Express Kochi

|

May 11, 2025

The city's tourism agency revised its 2025 forecast, with an estimated decline driven by fewer travelers

- MATTHEW HAAG

New York City is expected to welcome 400,000 fewer tourists this year than it did in 2024, a decline primarily driven by negative sentiment toward the United States from foreign travelers who have canceled their vacations.

The city's tourism agency, New York City Tourism and Conventions, had approached 2025 with optimism after the pandemic disrupted travel a few years ago and had projected a full recovery this year with a record number of visitors. The agency has now twice revised its initial forecast of 67.6 million visitors—international and domestic—since President Trump initiated a trade war on allies, mused about annexing other countries, and implemented an immigration crackdown that resulted in the detentions of foreign tourists.

The latest forecast now estimates that 67.6 million tourists will visit the city this year. This includes 400,000 more domestic travelers than last year, but significantly fewer foreign travelers.

The new forecast sees 12.1 million international travelers, a 17% drop from earlier 2025 projections. The decline has been led by a drop-off in tourism from Canada, whose citizens have boycotted travel to the United States over concerns about the threat of making their country a hostile state.

International travel to the United States from other parts of the world has also been down so far, but New York City has seen an increase in Canadian tourists. Travel analysts suggest that continued economic uncertainty could scramble travel plans for tourists from the rest of the world.

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PM inaugurates Skyroot's orbital rocket in Hyderabad

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Govt pushes green farm tools to boost food output by ’47

THE GOVERNMENT WILL prioritise green fuel-based farm machinery and enhance access to mechanisation for small and marginal farmers as part of India's vision to become a global food basket by 2047, Agriculture Secretary Devesh Chaturvedi said on Thursday.

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Cyclone Ditwah moves toward TN & Andhra

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TCS signs deal with SAP to drive cloud, Gen AI reboot

FIVE-YEAR CONTRACT BUILDS ON PARTNERSHIP OF OVER 2 DECADES

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Airtel likely to dial up capex by 56% in FY27

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Unified portal soon to help retrieve unclaimed assets

THE FINANCE MINISTRY is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets across asset classes such as bank deposits, pension fund, shares, and dividends, Department of Financial Services Secretary M Nagaraju said on Thursday.

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1 min

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NBBL targets one billion monthly transactions

NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.

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Financial Express Kochi

Meesho to raise up to ₹5,400 crore through IPO

INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.

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1 min

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Benchmarks touch lifetime highs

ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.

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1 mins

November 28, 2025

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Private telcos flag gaps in DPDP Rules

THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.

time to read

1 min

November 28, 2025

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