Markets

Insider Trading

Hedge Funds

Retirement

Opinion

The Most Famous City in the US

We recently compiled a list of the 25 Most Famous Cities in the USand in this article, we will talk about the most famous city in the United States.

State of Tourism in the United States

Globally speaking, the US is one of the most popular countries to travel to, owing to its abundance of diverse landscapes, along with cultural, social, and historical experiences. According to a report by the US Travel Association, the tourism industry is also a significant driver of economic activity within the country. In 2022, $1.2 trillion was spent on travel in direct spending, which then led the US economy to grow by $2.6 trillion. Nearly eight million American workers were directly employed by the industry, whereas the total support base reached around 15 million workers. The sector also generated around $84 billion in state and local taxes, which contributed to the growth of local communities. You can also check out 25 States With Highest Tourism Revenue in the US.

After COVID-19, domestic leisure travel showed robust growth and recovery, contributing to the industry’s size massively. In 2022, 71% of total travel spending was on domestic leisure. A total of two billion domestic leisure trips were taken, during which travelers spent $837 billion. This was a 99% recovery from pre-pandemic levels, due to which domestic leisure emerged as the first travel segment to recover from the effects of the lockdowns. Currently, the US ranks as the third largest country for domestic tourism. The recoveries for other segments were much slower. By 2022, international travel recovered only 55% (after being adjusted for inflation), whereas business travel recovered 71%. International recovery continues to be slow, reaching only 84% of pre-pandemic levels by the end of 2023.

Positive Outlook for 2024

Despite the slow recovery of international tourism in the US, there are positive elements to look forward to in the upcoming years. According to the 2024 Travel and Tourism Index by the World Economic Forum, the United States emerged as the top tourism country in the world. The index measures countries on tourism-related factors such as safety and security, price competitiveness, transport infrastructure, natural and cultural resources, and environmental sustainability. The country’s top scores (out of seven) were recorded in non-leisure resources (6.63), ICT readiness (6.32), and natural resources (6.23). On the other hand, the US’ lowest score was for price competitiveness, in which it scored only 2.59 points out of 7.

The index serves as a pertinent indicator of the strengths and weaknesses of the tourism industry within the US. Despite lagging behind in certain factors, the US still emerged at the top of the index. Furthermore, comparing pre-pandemic tourism levels also gives us some insight into the economic potential of the US travel industry. In 2019, France was the most visited country in the world and received 90 million visitors, who collectively spent $61 billion. On the other hand, the US received around 79.4 million visitors, who spent a total of $180 billion. In 2022, international visitors in the US spent around $165 billion, with the US Travel Association noting that visitation levels will completely recover by 2025. You can also take a look at the 20 Fastest Growing Tourism Destinations in 2024.

A Hashtag Analysis of the Most Famous Cities in the US

Famous cities like Las Vegas and New York City are among the most significant reasons tourists flock to the US. Not only are these cities heavily marketed to potential travelers, but they have also managed to build unique personas that attract individuals. In this regard, social media can be a valuable tool in gauging the relative popularity of some of the top cities within the US.

We conducted a hashtag analysis on Instagram to discover some of the most talked-about cities in the US. As of July 19, 2024, Miami is one of the most-tagged cities in the US, with 91.3 million tags. Los Angeles has been tagged around 85 million times, whereas Chicago stands at 57 million. Other highly tagged cities include Atlanta (43.7 million), Las Vegas (41.3 million), and New York City (36.5 million). While these metrics don’t speak to each city’s tourism level, they do give some information regarding cities that get talked about the most on social media.

Aiding Travel Through Reviews

Sites like Instagram can be a valuable asset for discovering trending places and travel options, but services like Tripadvisor, Inc. (NASDAQ:TRIP) can offer a much more comprehensive insight. The platform features reviews from travelers around the globe on everything from restaurants and accommodations to experiences and historical sites. According to its 2023 Transparency Report, Tripadvisor, Inc. (NASDAQ:TRIP) posted 30.2 million reviews by 17.4 million members in 2022. 25.21% of all reviews originated from North America.

In addition to the reviews, community members shared around 31.6 million photos and videos. The most reviewed categories were accommodations and restaurants, with 40.30% and 38.43% of all reviews, respectively. By the end of 2022, 11 million businesses were listed on the site, 23% of which came from North America. In 2021, Tripadvisor, Inc. (NASDAQ:TRIP) conducted a survey of 9,000 consumers across five countries, 88% of whom rated its long-form reviews (more than 140 characters) as high or very high quality. Within the US, 79% of respondents rated accommodation reviews as ‘extremely or very important’, whereas 74% and 67% said the same for attractions and restaurants, respectively.

Currently, Tripadvisor, Inc. (NASDAQ:TRIP) has more than 93 million reviews for restaurants, hotels, and attractions in the United States. The US has also proved to be quite popular in Tripadvisor’s Travelers’ Choice Awards, which rank locations based on reviews. In 2024, Ka’anapali Beach in Maui, Hawaii, and Siesta Beach in Siesta Key, Florida, were ranked in the top ten beaches worldwide. Furthermore, the top attraction in the world was the Empire State Building, whereas Dollywood in Tennessee was ranked as one of the best amusement parks in the world. Lastly, New Orleans was rated as one of the best food destinations in the world.

Even though international tourism in the US has yet to recover fully, insights from Instagram and Tripadvisor showcase that the country is still famous in tourist circles around the world. With this context, let’s look at the 25 most famous cities in the US.

The skyline of New York City, USA with a LEED certified office building of the company in focus at sunset.

Our Methodology

In order to curate this list of the most famous cities in the US, we consulted the international visitor dashboard from the International Trade Associations, which ranks cities and metropolitan statistical areas (MSAs) in the US by number of overseas travelers. An MSA refers to a core central area with a large population density, along with smaller adjacent regions that have strong economic ties with the core. The article also lists some metropolitan divisions (MDs), which refer to subgroupings within MSAs whose core has a population of 2.5 million or more. The cities and MSAs are ranked in ascending order of most international visitors. Based on this methodology, here is the most famous city in the US:

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

The Most Famous City in the US

New York City, New York

Metropolitan Statistical Area (MSA): New York-White Plains-Wayne, NY-NJ MD

International Visitors in 2023: 8,890,000

The New York-White Plains-Wayne metropolitan division in New York and New Jersey ranks number one on our list of the most famous cities in the US. The area received 8.8 million overseas visitors in 2023, making up 28.3% of all international tourists in the US.

The area’s visitation changed 27.1% from 2022, increasing by almost 1.8 million. New York City ranks as the top destination in the US, according to Tripadvisor’s 2024 Travelers’ Choice Awards. The Awards also recognize the city for being one of the best food destinations in the US.

To learn about other most famous cities in the US, you can check out our detailed report 25 Most Famous Cities in the US.

At Insider Monkey, we delve into a variety of topics, ranging from the most famous cities to business aspects; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.

Disclosure: None. This article is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…