Times Square See Improving Economic Indicators in March

According to monthly key economic indicators in the March by the Numbers report released by the Time Square Alliance in mid-April, the average pedestrian count continued an upward trend, reaching an average of 259,574 people per day in March, representing a 27% and 72% volume increase from February and January respectively. Another positive indication of an improving economy in the area is the significant increase in hotel occupancy and average daily rates (ADR) to 52% and $172 in February 2022, in comparison to 33.7% occupancy and $126 ADR in February 2020.

Source:    https://www.timessquarenyc.org/sites/default/files/resources/March%202022%20Combined%20Monthly%20Report.pdf