The state’s tourism initiatives showing that the number of visitors to New York increased by 8.8 million this year. The industry is projected to generate $7.7 billion in state and local taxes with direct spending expected to reach $61.3 billion and add 24,800 jobs by the end of the year.
In the last year, New York’s tourism industry has grown in revenue, job creation, the number of visitors, and hotel occupancy. In 2013, the tourism industry is projected to generate $7.7 billion in state and local taxes. Direct spending is projected to reach $61.3 billion, an increase of 7 percent since 2012.
This year, Governor Cuomo kicked off the state’s tourism efforts by hosting the Tourism Summit in Albany, which The Business Council participated in. He announced $60 million in tourism funding – the highest level of tourism funding in decades – as well as other initiatives including: a new I Love NY marketing campaign with the Port Authority and MTA, Taste NY marketing efforts, an international tourism campaign, I Love NY in Times Square, and I Love NY LGBT.
More information on the report is available online here.