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In 2017, the number of tourists visiting NYC reached to 62.7 million In 2017, the number of tourists visiting NYC reached to 62.7 million

NYC a Travel Tech Hub – CUF

New York City (NCY) non-profit think tank, Center for an Urban Future (CUF), says the city has emerged as a leading hub for the travel tech sector.

In its recent Destination New York report, CUF identifies more than two dozen venture-backed travel-tech start-ups based in the city, 16 of which were founded in just the last five years.

Funded by civic advocacy organisation, Association for a Better New York, and Times Square Alliance, the report shows NYC is home to dozens of new travel-tech ventures, ranging from a room service delivery app to an app that alerts travellers about the length of waits at airport security lines.

NYC-based travel magazine, Travel + Leisure’s 50 Best New Travel Apps for 2017, featured nine developed by NYC companies and the city now boasts a travel start-u networking hub, Voyager HQ.

However, according to the report, unlike tech subsectors such as biotech or fintech, the city’s emerging travel-tech industry has relatively few existing resources for founders looking to start companies and grow.

The report called on Bill de Blasio, mayor, NYC, and his administration to take steps to support and grow the city’s travel tech sector.