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New York City Faces Major Decline in Foreign Tourism Revenue

A nearly empty Times Square in New York City illustrating the decline in tourism

New York City, December 29, 2025

New York City is set to experience a substantial $4 billion decrease in foreign tourism revenue in 2025 due to factors such as stricter border policies and global tensions. The city anticipates a 17% drop in international visitors, leading to nearly 2 million fewer tourists. While domestic tourism shows some stability with an expected increase of 400,000 visitors, the overall outlook remains concerning for businesses reliant on foreign tourists.

New York City Faces $4 Billion Decline in Foreign Tourism Revenue in 2025

New York City is projected to experience a significant downturn in foreign tourism this year, with an anticipated $4 billion decrease in revenue. This decline is attributed to a combination of factors, including stricter U.S. border policies, heightened global tensions, and economic uncertainties.

Decline in International Visitors

According to NYC Tourism and Conventions, the number of international visitors to New York City is expected to drop by 17% in 2025, translating to approximately 2 million fewer foreign tourists. This reduction brings the total number of international visitors to around 12.1 million, down from an earlier estimate of 14.6 million. The overall number of visitors, both domestic and foreign, is projected to be 64.1 million, a decrease of 3.5 million from previous projections.

Factors Contributing to the Decline

Several factors are contributing to this downturn:

  • Stricter Border Policies: Enhanced border controls and immigration policies have deterred potential travelers.
  • Economic Uncertainties: Rising import tariffs and a strengthening U.S. dollar have made travel to the U.S. more expensive, leading to decreased international tourism.
  • Global Tensions: Heightened geopolitical tensions and safety concerns have made some international visitors hesitant to travel to the U.S.

Impact on New York City’s Economy

The decline in foreign tourism is expected to have a substantial impact on New York City’s economy. In 2024, international visitors spent over $26 billion in the city, accounting for nearly half of all tourism-related spending. The projected $4 billion loss in 2025 represents a significant setback for businesses that rely on international tourists, including hotels, restaurants, and cultural institutions.

Outlook for Domestic Tourism

While international tourism faces challenges, domestic tourism is expected to remain relatively stable. The number of domestic visitors is projected to increase by 400,000, partially offsetting some of the decline in international arrivals. However, the overall impact on the city’s tourism sector remains concerning.

Conclusion

The anticipated $4 billion decline in foreign tourism revenue underscores the need for New York City to adapt to changing global dynamics. Addressing the factors contributing to this downturn will be crucial for the city’s tourism industry to recover and thrive in the coming years.

Frequently Asked Questions (FAQ)

What is the projected decline in foreign tourism revenue for New York City in 2025?

The projected decline is $4 billion.

What factors are contributing to the decline in international visitors to New York City?

Factors include stricter U.S. border policies, economic uncertainties, and global tensions.

How does the decline in foreign tourism impact New York City’s economy?

The decline is expected to significantly affect businesses that rely on international tourists, such as hotels, restaurants, and cultural institutions.

Is domestic tourism in New York City expected to increase or decrease in 2025?

Domestic tourism is expected to increase by 400,000 visitors, partially offsetting the decline in international arrivals.

What measures can New York City take to address the decline in foreign tourism?

New York City may need to adapt to changing global dynamics by addressing factors contributing to the downturn, such as border policies and economic uncertainties, to support the recovery of its tourism industry.

Feature Details
Projected Decline in Revenue $4 billion in 2025
Decrease in International Visitors 17% drop, approximately 2 million fewer tourists
Factors Contributing to Decline Stricter border policies, economic uncertainties, global tensions
Impact on Economy Significant setback for businesses, especially hotels and restaurants
Domestic Tourism Outlook Expected increase of 400,000 visitors

Now Happening on X

  • @nypost (July 25, 2025): Foreign tourism to NYC is expected to see a devastating $4B drop this year according to industry experts. View on X
  • @MarkLevineNYC (August 2, 2025): NYC is on track to receive 2 million fewer international visitors this year than previously projected, a significant economic blow resulting from policy chaos. View on X
  • @AsadFromNYC (May 11, 2025): Horrible news: New York City is expected to welcome 400,000 fewer tourists this year than in 2024, primarily due to negative sentiment among foreign travelers reconsidering their vacations. View on X
  • @unusual_whales (June 6, 2025): The World Travel & Tourism Council expects the U.S. economy to lose $12.5 billion in spending from international visitors in 2025, impacting jobs and businesses nationwide. View on X
  • @Scaramucci (May 9, 2025): New York City officials have cut their forecast for international tourists this year by 17%, which would hurt a key part of the city’s economy. View on X
  • @munroe_inn (December 26, 2025): NYC Tourism + Conventions has reduced its 2025 visitor projections, with international arrivals estimated to fall by about 2 million compared to 2024. View on X
  • @rory20s (December 25, 2025): Tourism declines are already evident with a 3.8% drop or 1.3 million fewer arrivals in the first half of 2025, expected to lead to 10 million fewer for the year and over $12.5 billion in lost revenue. View on X

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STAFF HERE NEW YORK WRITER
Author: STAFF HERE NEW YORK WRITER

The NEW YORK STAFF WRITER represents the experienced team at HERENewYork.com, your go-to source for actionable local news and information in New York, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.

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