
At a New York City Council hearing today on the FY27 budget proposal, AHLA's Sarah Bratko shared concerns over the proposal's long-term impacts on the hotel industry and thousands of New Yorkers who work in hotels.
As hotels continue to balance upcoming opportunities with continued cost pressure challenges, state and local local tax increases are another blow NYC hotels can't afford, especially when they already face some of the highest operating costs in the country.
Hotel guests spend $38.4 billion annually across the city, supporting restaurants, retailers, cultural institutions, and small businesses across all five boroughs. Each hotel room night drives roughly $1,168 in total visitor spending citywide.
This directly translates into significant revenue for New York City, generating a projected $4.9 billion in local, state, and federal tax revenue in 2026.2
Simply put, New York City’s economic strength is inseparable from the vitality of its hotels. AHLA looks forward to working with the Council to advance policies that promote job creation and sustained economic growth for New York City.

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