New York City reached an all-time record 56.4 million visitors in 2014. These visitors generated a record US$61.3 billion in overall economic impact, supporting 359,000 tourism related jobs and $21 billion in wages. The city’s hotel sector reached 102,000 hotel rooms last year, while selling a record 32.4 million total hotel room nights, an all-time high. The tourism industry also generated $3.7 billion in local tax revenues. Of the 56.4 million visitors who came to New York City in 2014, 44.2 million came from U.S./domestic locations, while 12.2 million came from international locations. Average hotel occupancy for the year finished at 89%, while average daily room rates citywide finished the year at $295. Both occupancy rates and room rates in New York City are the highest in the country.
For more information on New York City campaigns, go to nycandcompany.org/traveltrade.