In 2011, New York City’s cruise business generated an economic impact of $239 million and was stronger than ever. Take a look at our infographic on the NYCruise Economic Impact Study and learn more about New York City’s cruise industry.
Mayor Bloomberg today announced that the cruise industry generated a total economic impact of $239 million for New York City in 2011—a new record! By the numbers, according to the 2011 Economic Impact Study (PDF), more than 632,000 passengers spent nearly $150 million in New York City. The study also showed significant growth in all sectors of the City’s cruise industry, with an 11% increase in ship calls, a 9% increase in passengers, and a 3% increase in spending over the previous year.
The findings confirm that cruising continues to be an important component of the City’s tourism industry, which reached its goal of attracting 50 million annual visitors one year ahead of schedule, in 2011. The City welcomed a record 50.5 million visitors last year who collectively spent $32 billion. Tourism is now the City’s fifth largest industry, impacting 320,000 local jobs.
Said NYCEDC President Seth Pinsky:
“The $239 million in economic impact generated by New York City’s cruise industry is further confirmation of the Bloomberg Administration’s successful efforts to promote this important sector. With passenger and ship call numbers at all-time highs, the future of the City’s cruise industry as a generator for jobs and economic activity remains bright.”
Find out more information about NYC’s cruise industry at www.nycruise.com.
Photo credit of the Brooklyn Cruise Terminal: NYCEDC
New York Fashion Week 2012
Did you know? Citywide, Fashion Week generates $532 million in direct visitor spending per year, leading to $865 million in total economic impact each year.
Discover additional fashion facts on our NYCEDC blog and in the Mayor’s press release.
