2022 New York City tourist tax revenue surpassed pre-pandemic levels, reaching $4.9B with 62.2M tourists.

New York City's tourist tax revenue surpassed pre-pandemic levels in 2022, with 62.2 million tourists generating a record $4.9 billion in sales and other tourism-related tax revenue. This is a 16% increase from 2020, driven by rising prices for hotel rooms and other services. While tourism is still down post-pandemic, the city is making a slow but steady economic recovery, with visitors returning to Broadway shows, museums, and other attractions.

May 23, 2024
5 Articles