The drop — which could be as much as 14% — will have a brutal affect on the New York economy, as foreign tourists usually spend big, according to NYC Tourism + Conventions, which did th… ...

The drop -- which could be as much as 14% -- will have a brutal affect on the New York economy, as foreign tourists usually spend big, according to NYC Tourism + Conventions, which did the study.

New York City’s hotel occupancy rate of 84.3% in 2024 was the highest of the top 25 markets in the country, according to CoStar data. But business lately has ducked in and out of positive territory.

Coker says the decline in New York City tourism is partly the result of having fewer Canadian visitors. Tour operators such as Matt Levy, who has seen a slowdown in business, agrees.

Mayor Eric Adams announced that the Row NYC, a hotel in Times Square, would stop sheltering migrants by April, as the migrant ...

The drop -- which could be as much as 14% -- will have a brutal affect on the New York economy, as foreign tourists usually spend big, according to NYC Tourism + Conventions, which did the study.