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Big Cities, Big Business: Bangkok, London and Paris Lead the Way in Mastercard’s 2018 Global Destination Cities Index


September 25, 2018

Published on Sep 25, 2018


Mastercard brings together tourism and city partners to improve experiences for visitors


PURCHASE, N.Y.--(BUSINESS WIRE)--In a world of rising nationalism, international travel takes on greater importance—breaking down barriers, broadening our horizons and driving economic impact felt throughout the world’s cities. For the past decade, Mastercard’s Global Destination Cities Index has offered important analysis of travel to and within cities. This year’s top cities are Bangkok, London and Paris, once again underscoring the importance of robust infrastructure, both business and leisure attractions and strong local culture.

The Mastercard Index, which expanded this year to look at 162 cities, is not simply a ranking of the top travel destinations. Based on visitor volume and spend for the 2017 calendar year, the in-depth analysis also provides a growth forecast for 2018 and—for the first time—a view into average length of stay and amount spent per day.

With the global economy buzzing, the annual growth of international overnight visitors to the Top 10 destination cities was up in 2017 except for Seoul, which saw a dip. The forecast for 2018 indicates across-the-board growth, with Istanbul expecting the largest uptick in visitors.

With roughly 20 million international overnight visitors, Bangkok remains in the top spot this year and is unlikely to be bested due to strong projected growth of 9.6 percent for 2018. Interestingly, visitors tend to stay in Bangkok 4.7 nights and spend $173 per day, on average.

 

Source / Read full story: businesswire.com

 

 

 

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