Economic DevelopmentTourismTravel New Jersey Tourism releases 2024 Economic Impact Study

New Jersey Tourism releases 2024 Economic Impact Study

Visitor spending tops $50 billion for the first time in history, while visitation grows to 123.7 million, marking another milestone year after 2023’s unprecedented success   NEW JERSEY – The New Jersey Division of Travel and Tourism (NJTT) thursday released the “2024 Economic Impact of Visitors to New Jersey” study at the New Jersey Tourism Industry Association’s annual Advocacy Day in…

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DesignEconomic DevelopmentTravel FIFA World Cup 2026 New York/New Jersey Poster Unveiled

FIFA World Cup 2026 New York/New Jersey Poster Unveiled

The FIFA World Cup 2026™ New York New Jersey (NYNJ) Host Committee has unveiled the official NYNJ regional poster, designed by New Jersey native, Brooklyn-based, and award-winning artist Rich Tu. The poster marks the beginning of an ambitious beautification initiative, bringing public art activations to NYC and NJ in the lead-up to the FIFA World Cup 2026™. The unveiling took…

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BusinessTourismTravel Extended-Stay Hotels Shows Pricing Strength

Extended-Stay Hotels Shows Pricing Strength

Sector maintains consistent pricing advantage over conventional options The extended-stay hotel sector emerged as an industry leader throughout 2024, demonstrating stronger pricing power than conventional hotels. Analysis of inflation-adjusted average daily rates, or ADR, shows that while traditional hotel rates lagged 2019 benchmarks, extended-stay properties maintained higher rates overall. This performance gap highlights the sector’s…

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