The city is expecting about 400,000 fewer out-of-town visitors than originally anticipated this year, in light of the recent financial crisis.
Revised projections released today by the city’s tourism office, NYC & Company, estimate a total of 47.3 million people traveling to New York in 2008 — still, about 2.8 percent more than in 2007. Read More
New York City hotels last month benefited from the highest average occupancy rate in four years, according to the latest figures from NYC & Company.
The city’s tourism office reported an average occupancy rate of 92.4 percent in August. The average daily rate edged upward about a buck from July to $285.84.
That’s $20 Read More
New data from the city’s tourism agency, NYC & Company, indicates that nightly hotel rates shot up to $350 on average in May. That’s an increase of $50 from the same time last year.
Suddenly, the current minimum $249 nightly rate at the dumpy Hotel Pennsylvania (pictured right) doesn’t seem quite so steep. Read More
Are skyrocketing gas prices nixing your vacation plans? Here’s a cheap getaway: Stay home.
NYC & Company is launching a new campaign this week called "Go Local."
"We’re somewhat bored with the word ‘staycation,’" noted George Fertitta, CEO of the city’s tourism agency.
Beginning Thursday, NYC & Company street crews will Read More
Traditionally, New Yorkers flee the city on Memorial Day weekend and visitors flood in, making it the ideal time to take the pulse of Manhattan’s tourism sector. Based on domestic conditions, the summer season appears poised for a washout—gas prices are sky-rocketing, consumer spending is down, whispers about belt-tightening abound. Some vendors are indeed feeling Read More
Jonathan Tisch, your New York Giants just won the Super Bowl! What are you going to do now?
"It’s time to move on," Mr. Tisch told the Times on Sunday, announcing that he’s stepping down as chairman of NYC & Company, the city’s tourism agency.
The 54-year-old co-owner of the Read More
A breakdown of the city’s latest tourism estimates suggests that Britons (1.46 million), Canadians (880,000), and Germans (470,000) comprised the biggest crowds of international visitors to New York in 2007.
Numbers were up among all groups last year — including the roughly 300,000 residents of Belgium, the Netherlands and Luxembourg, weirdly categorized as Read More
"We are incredibly grateful for the weak dollar," quipped George Fertitta, head of the city’s tourism office NYC & Company.
Mr. Fertitta joined Deputy Mayor for Economic Development Robert Lieber in crediting "beneficial exchange rates" for boosting tourism to record levels in 2007.
An estimated 46 million total travelers visited New Read More
Cristyne Nicholas, president of NYC & Company, who once called the Jets stadium proposal “a win-win for the city” is now praising Christine Quinn for her support of part of that original proposal: an expanded Javits Center.
“Speaker Christine Quinn is a strong and steady supporter of New York’s travel and tourism industry, and a Read More
At Olives on a recent Friday evening, getting a table for 7 p.m. or any other hour that night–or the next, for that matter–was out of the question. Todd English’s restaurant, in the new W Hotel on Union Square, was booked solid. In fact, it was all one could do to get a beer at Read More