NYC might see a return of tourism in 2024

Published on : Thursday, November 19, 2020

Travelers might not return to New York City like the pre-corona virus times until 2024.

Around 66.6 million people visited NYC last year. One-fifth of those visitors came from a different country, while the rest arrived from around the U.S., as per a report.

Tourism in NYC has been affected massively this year due to the pandemic — NYC & Co. has estimated that the city will see 22.9 million visitors for 2020, which is around a third when compared to last year’s figures.

This could entail dramatic impacts for NYC that depends a lot on tourism — including hotels, retailers, restaurants and others in the city. Many businesses have permanently closed in recent months with the pandemic continuing to dampen travel demands. This impact is expected to last through 2021.

Broadway theaters fetching about 9.6 million visitors from outside the metro area last year will remain desolate through May 30. Although observatories, the Statue of Liberty, the High Line and some other attractions are open, they’re operating with limited capacity for the time being. There could be more restrictions as corona virus cases increase across the U.S.

However, there is reason for hope. With potential vaccines from Pfizer and BioNTech and Moderna expected to be available in the first quarter next year, regional and short-haul domestic travel is expected to pick up in the late spring and early summer.

Business travel is also expected to boost tourist numbers if restrictions on large events and meetings are eased in 2022.

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