COVID NYC Update: Travel agency plans after coronavirus pandemic will rebound through 2025


NEW YORK CITY (WABC) – A disturbing new forecast for post-pandemic tourism in New York City predicts the city will not experience a full rebound until 2025.The Big Apple drew nearly 67 million visitors last year, but NYC & Company, the city’s tourism promotion agency, now predicts that the rebound will not begin until mid-next year with a return to pre-pandemic totals in 2025.“The travel industry in New York has started 2020 in a good position for another banner year, with very good performances in January, February and early March,” the agency said. “Public health and safety measures put in place in mid-March to deal with the pandemic have suspended virtually all leisure travel and most business travel. This has caused “an unparalleled drop in visits” over the past nine months, and the year is about to end with tourism down 66%.

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The domestic market accounted for only a third of typical annual trips and was partly supported by regional trips, which started to increase in the summer. The international market has shrunk by more than 80% from last year, with inbound international travel frozen since April.

“With a generalized vaccination plan taking shape for the first quarter of 2021, the prospects for a recovery in regional and short-haul domestic travel will start to increase the rate of visits in late spring-early summer,” the agency said. “If advances in health align with lifting restrictions on activities and gatherings, the pace can change more quickly. ”

Officials said the international market would take longer to catch up, but could welcome 2 million visitors by the end of the year.

“Given the uncertainty generated by the pandemic for economic recovery and consumer confidence in travel, the conservative outlook takes us until 2024 to exceed the 2019 benchmark,” the agency said. “The industry as a whole could return to 2019 levels in three years, particularly if business travel restrictions affecting major events and meetings are relaxed in 2022. At the same time, New York’s strong position with International travelers could help revive the cautious global travel market. earlier. ”

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The agency said it should be noted that international travel after September 11, 2001 took four years to fully recover.


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