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Top International business Travel destinations

Top Business Travel Destinations

The top international business destination cities (with corresponding MasterCard Index ranking) from an Eastern origin city are:Corporate Traveller conducted a study of our business traveller’s top destinations, and compiled a list of the top eight destination cities, as travelled from the East and from the West. Some of these cities fall into the MasterCard 2013 Index of the “Global Top 20 Destinations”, a report that looks at the top grossing international cities by overnight spend. Results show increased traffic to Asian cities, a trend that will only be strengthened over the coming years.

  1. London, England (2)
  2. Sao Paulo, Brazil
  3. Sydney, Australia
  4. Tokyo, Japan (16)
  5. Buenos Aires, Argentina
  6. Frankfurt, Germany
  7. Melbourne, Australia
  8. Santiago, Chile
  1. Dublin, Ireland
  2. Hong Kong, China (9)
  3. Shanghai, China (14)
  4. Singapore (4)
  5. Paris, France (3)

“Asia is clearly becoming the region of focus in terms of international visitors, ” says Dr. Yuwa Hedrick-Wong, an adjunct professor at the Sauder School of Business, at the University of British Columbia, in Vancouver. Hendrick-Wong is a leading business strategist and economist, and appeared on a video released by MasterCard to explain the results of the 2013 Index. Inclusive of both business and tourist travellers, the report reveals some key insights.

Firstly, Dr. Hendrick-Wong identifies where human connectivity has economic impact on city-to-city travel, and details the importance of networking between origin and destination cities. He claims that though Toronto had the fastest growth in North America through its strengthened connectivity between cities like New York and Chicago, Vancouver is the city to watch due to its position linking global travel destinations.

Development of city infrastructure is a second marker of economic travel impact. Creating flights to more cities will spark growth, and increased traffic to cities where an origin airport already has a connection will deepen the travel spend. Moreover, an investment in hospitality will encourage travel visits. Hendrick-Wong makes a case for Istanbul, which saw great growth in the last year. Having capitalized on its location as a crossroad between Europe and Asian continents, Istanbul promoted itself as a tourism and business destination with great success. There must be something to celebrate when Aerosmith, Justin Timberlake and Alicia Keys are all featured on the tourism main page, scheduled to perform in the next few weeks!

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