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Challenges facing New York City's cultural sector
2:07:46
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41 sec
Council Member Rivera outlines the significant challenges faced by New York City's cultural sector, particularly in the wake of the pandemic and current economic conditions.
- International visitor spending remains more than 20% below pre-pandemic levels
- International tourists, who spend twice as much as domestic visitors, are crucial for Broadway, the Met Opera, and museums
- Federal policies, including restrictive immigration measures and trade policies, are discouraging international visitors
Carlina Rivera
2:07:46
Yet despite their importance, the sector continues to face significant challenges.
2:07:51
While tourism is rebounding, international visitor spending remains more than 20% below pre pandemic levels.
2:07:58
A troubling trend that international given that international tourists spend twice as much as domestic visitors and make up a crucial portion of audiences for Broadway, the Met Opera, and our museums.
2:08:12
Federal policies including restrictive immigration measures and harmful trade policies have already discouraged international travelers from visiting The US, threatening the financial health of our cultural sector.