New York City Cuts Tourism Forecast by 3 Million Visitors

Key Points

• New York City cut its 2024 tourism forecast by 3 million visitors due to negative global sentiment toward the U.S.
• International tourism is declining sharply, with overseas visitor projections for 2025 dropping by 2 million.
• Policy issues, especially tariffs, and declining visits from key markets like Canada and Western Europe are driving the downturn.

Summary

New York City has revised its 2024 tourism forecast downward by 3 million visitors, mainly due to a worsening global perception of the U.S. and policy-related factors like tariffs. International travel is experiencing the steepest decline, with significant drops in visitors from Western Europe, Germany, and Canada. Experts expect the city to recover lost tourism ground by 2027–2029, but the current outlook represents a significant setback.