To a very large extent this is driven by an expanding middle class in many emerging markets. For such middle class households, traveling overseas is a priority as their discretionary spending expands. Yuwa Hedrick-Wong, Global Economic Advisor, Mastercard, said: “The continuing strength of global tourism is one of the silver linings of an otherwise complicated and less-than-satisfactory recovery since the 2008/09 crisis. Forecasted international overnight visitors to the top 10 cities include:ĭr. It projects visitor volume and spend estimates for the 2016 calendar year, while delivering a deeper understanding of how people travel and spend around the world.Īs cross-border travel and spending continue to grow at a faster pace than world GDP, the world’s cities continue to be engines of broader economic growth.Īccording to the study, Bangkok is projected to receive 21.47 million international overnight visitors in 2016, just ahead of second-ranked London. The Index provides more than a ranking of the 132 most visited cities around the world. Asian cities make up half of the global top 10 cities – Bangkok, Singapore, Kuala Lumpur, Tokyo and Seoul – and seven of the top 10 fastest growing destination cities – Osaka, Chengdu, Colombo, Tokyo, Taipei, Xi’an and Xiamen. Bangkok is the top-ranked destination city by international overnight visitor arrivals, according to the sixth annual Mastercard Global Destinations Cities Index.
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