Conway is drained by the Saco and Swift rivers. The highest point in the town is Black Cap at 2,369 feet (722 m) above sea level. Conway lies fully within the Saco River watershed. Conway is divided into a number of separate villages. The largest and best known is North Conway, a popular destination for outlet shopping.

Tourism plays a major role in Conway’s economy, with the town providing access to the White Mountains. There is one ski area, Cranmore Mountain Resort, in Conway and several others nearby. North Conway is a major shopping destination with outlet and department stores. Hotels, bed and breakfasts, and inns can be found in every village, including the historic Eastern Slope Inn in North Conway.

In addition to tourism, the Mount Washington Valley Economic Council has been growing the technology industry through business parks and economic assistance.

Located in the center of the popular White Mountain National Forest, Conway is the major commercial center for Bartlett, Jackson, Madison, Chatham, Eaton, Hart’s Location, and Albany, New Hampshire as well as Fryeburg, Brownfield, Lovell, and Stow, Maine. There are a number of restaurants, two breweries, the year-round Cranmore Mountain Resort, over a hundred local and national stores, and several museums and theatres.