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NYC Tourism May Not Fully Recover Until 2025, City Booster Predicts

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deadline.com
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Dade Hayes Finance EditorTourism — a critical part of New York City’s economy and a lifeblood for industries like Broadway theater — may not return to pre-COVID-19 levels until 2025, according to a new forecast from NYC & Co.The city’s tourism, convention and visitors arm predicted in a report Monday that the total number of visits to the city will plunge 66% in 2020.

Punctuating the pandemic’s toll on the local economy will be three holiday-season events known for drawing hordes of public spectators: the Macy’s Thanksgiving parade, Rockefeller Center Christmas tree lighting and New Year’s Eve ball drop.

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