Tourism Boosts New York’s Economy | Buffalo News

New York’s tourism boom is paying massive dividends—with $94 billion in 2024 alone—thanks in large part to the Downtown Revitalization Initiative, which has poured $10 million into communities like Oswego over the past decade. Mayor Robert Corradino, who grew up in the city, recalls Oswego’s decline in the 90s after businesses fled, but now sees real momentum: tax revenue from tourism has climbed every year for ten straight years. State tourism chief Ross Levi calls tourism the state’s second-largest industry, saving households $1,500 annually in taxes. As the initiative wraps up in 2026, its impact is undeniable—tourism isn’t just fun, it’s fueling New York’s economic engine. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/02ef1b365942c58b