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New York City Predicted Record Tourism. Then Came Trump
Financial Express Lucknow
|May 11, 2025
The city's tourism agency revised its 2025 forecast, with an estimated decline driven by fewer travelers
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Still the most welcoming, inclusive and diverse city in the world."
Tourism is a vital pillar of New York City's economy. The industry helps sustain numerous sectors — including Broadway, museums and restaurants—and employs more than 260,000 people.
So far this year, about 117,000 fewer foreign passengers have arrived at Kennedy International Airport and Newark Liberty International Airport compared with the same period in 2024, according to an analysis of passenger entry data by The New York Times.
Hotel occupancy rates in New York City have stayed relatively flat this year, but bookings for the upcoming summer months, a peak travel season in the city, have not kept pace with last year, according to CoStar, a real estate analytics company.
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