N.Y. Marriage Windfall: $155M
BY Neal Broverman
July 23 2011 4:25 PM ET
The Williams Institute, an LGBT-related think tank at the University of California, Los Angeles, has the latest estimate on how many marriage equality-related tourism dollars will roll into New York State in the first year gay couples can marry there: $155 million.
"The estimate is based on the experience of the five previous states that have extended marriage to same-sex couples and new Census 2010 data for New York released just last week," according to a release from the think-tank.
New York is already a huge magnet for domestic and international tourism, and its new policy should only add to its allure.
Click here to read more about the Williams Institute.
The Empire State tourism boom would be greater than that experienced from the other five marriage equality states combined. When California voters narrowly banned marriage equality in 2008, the wording of the ballot initiative warned that the state could lose out on tens of millions of tourism dollars should Prop. 8 pass.
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