New York state’s tourism industry set new records for total number of visitors, economic impact and direct spending in 2016, officials said.
Last year, a record 239 million visitors traveled to New York state, generating an economic impact of $104.8 billion, exceeding $100 billion for the third straight year, according to the governor’s office. In addition, visitors generated an all-time high $64.8 billion in direct spending. These figures each represent a nearly 3 percent increase over 2015.
“New York’s rich culture, diverse history, scenic beauty and outdoor recreational opportunities are second to none,” Gov. Andrew Cuomo said. “With a record $104.8 billion economic impact, New York’s tourism industry is stronger than ever before and as we continue to invest in the success of world-class destinations and attractions found at every corner of the state, more and more visitors will come to experience everything New York has to offer.”
Tourism statistics were provided by Tourism Economics, an internationally recognized travel data firm, using the Impact Analysis for Planning (IMPLAN) input-output model for New York state, utilized worldwide by governments, universities, and public and private sector organizations. The model follows the flow of sales through the economy to the generation of GDP, employment, wages and taxes.
According to the report:
• The total economic impact of tourism statewide reached a record $104.8 billion, exceeding $100 billion for the third straight year, an increase of nearly $18 billion compared to 2011.
• Visitors to New York State in 2016 generated $64.8 billion in direct spending, nearly three percent higher than in 2015, and almost $11 billion more than in 2011.
• New York state tourism generated $8.2 billion in state and local taxes in 2016, a nearly three percent increase over 2015, saving each household an average of $1,133 in taxes.
• Tourism remains the fourth largest private sector employer in the state, supporting more than 914,000 jobs, according to the New York State Department of Labor. The tourism industry was also responsible for nearly $21 billion in direct wages, a 25 percent increase from 2011.
Additionally, New York welcomed a record 239 million visitors in 2016, 36 million more than when Governor Cuomo took office in 2011, the report said. Additionally, passenger counts at all New York state airports increased more than five percent in 2016, with a nearly four percent jump in hotel room demand.