Connect with us

Top Stories

Bangkok Overtakes London in 2016 Mastercard Global Cities Index

According to Mastercard’s study, Bangkok is projected to receive 21.47 million international overnight visitors in 2016, just ahead of second-ranked London.

Boris Sullivan

Published

on

Overall rankings show that Bangkok has achieved the top-ranked position in 2016 with 21.47 million overnight visitors.

The Index provides more than a ranking of the 132 most visited cities around the world. 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.

As cross-border travel and spending continue to grow at a faster pace than the world GDP, the world’s cities continue to be engines of broader economic growth.

Bangkok is the top-ranked destination city by international overnight visitor arrivals according to the annual Mastercard Global Destinations Cities Index released today.

Global Ranking by Visitors: Bangkok Takes Global Top Rank

Overall rankings show that Bangkok has achieved the top-ranked position in 2016 with 21.47 million overnight visitors.

Singapore and Kuala Lumpur moved up one rank to sixth and seventh rank respectively, while Istanbul dropped from sixth to the eighth rank.

Barcelona moved up one place to 12th rank, replacing Amsterdam. Similarly, Taipei moved up to 15th rank, replacing Rome; and Osaka moved up to 17th rank, replacing Vienna.

Forecasted international overnight visitors to the rest of the top 10 cities include:

  • London – 19.88 million visitors
  • Paris – 18.03 million visitors
  • Dubai – 15.27 million visitors
  • New York – 12.75 million visitors
  • Singapore – 12.11 million visitors
  • Kuala Lumpur – 12.02 million visitors
  • Istanbul – 11.95 million visitors
  • Tokyo – 11.70 million visitors
  • Seoul – 10.20 million visitors

The biggest surprise in this year’s Index is Dubai’s jump to the top rank based on international visitor spending of US$31.3 billion, far exceeding the second ranked London estimated at US$19.8 billion.

Bangkok’s Top Five Feeder Cities

As mentioned earlier, the growth of destination cities depends critically on their ability to tap into feeder cities’ origin countries that are experiencing strong outbound tourism. In the case of top-ranked Bangkok, its five most important feeder cities are Singapore, Hong Kong, Tokyo, Kuala Lumpur, and Dubai, as shown in chart 12. About 32% of international visitors in Bangkok originate from outside of Asia-Pacific.

bangkoktop5feed

In terms of visitors’ countries of origin, China is the biggest, accounting for 37% of Bangkok’s international visitors, followed by Japan at 8%, U.S. at 4%, and India and Germany at 3%. While Singapore is the biggest feeder city for Bangkok in terms of visitors, Hong Kong as a feeder contributes the most in terms of visitor spending, followed closely by Dubai.

Between 2015 and 2016, visitors coming via Dubai grew the strongest at 12.2%, whereas visitors via Tokyo barely grew at all at 0.1%.

The fact that Bangkok is successfully tapping into a fast-growing feeder city like Dubai suggests that Bangkok’s legendary resilience as a destination city is likely to endure.

“The way people travel and spend across borders indicates just how interconnected and important the world’s cities are,” said Ann Cairns, President of International Markets, Mastercard. “As the planning and experience of the trip become increasingly important, Mastercard is bringing all these pieces together seamlessly through innovation and connections.”

Fastest Growing Destination Cities Ranking

The difference between the global top 10 and the fastest growing top 10 destination cities suggests that Asia-Pacific and the Middle East and Africa have become increasingly important to the global economic landscape. Many cities measured by the Index have increasing growth trajectories, indicating the growing interest in both visiting and living in cities.

Osaka has shown the strongest growth in international visitors (24.15 percent) over the last seven years. Other cities that made the forecasted top 10 fastest growing cities include:

  • Chengdu – 20.14 percent
  • Abu Dhabi – 19.81 percent
  • Colombo – 19.57 percent
  • Tokyo – 18.48 percent
  • Riyadh – 16.45 percent
  • Taipei – 14.53 percent
  • Xi’an – 14.20 percent
  • Tehran – 12.98 percent
  • Xiamen – 12.93 percent

New Insights into Purpose of Travel and Local Spend

For the first time, the Index explores whether visitors travel for business or leisure as well as insights into how international visitors spend, including dining, lodging and shopping. The 2016 Index shows that among the top 20 cities, more people travel internationally for leisure, except to Shanghai. Visitors to the top 20 overwhelmingly spent more while shopping, as opposed to dining, except in Europe, where meals captured

The 2016 Index shows that among the top 20 cities, more people travel internationally for leisure, except to Shanghai. Visitors to the top 20 overwhelmingly spent more while shopping, as opposed to dining, except in Europe, where meals captured the greater share of spend in Amsterdam, Barcelona, Istanbul, Milan, Paris, Prague and Vienna.

Source: Bangkok Takes Title in 2016 Mastercard Global Destinations Cities Index

Continue Reading
Advertisement
Comments

Business

Alibaba Initiates $3Bln Partnership with Thai Gov in Support of Thailand 4.0

This is probably the first major milestone for Thailand 4.0 economic plan to upgrade Thai economy : a major commitment of a big private investor

Olivier Languepin

Published

on

The e-commerce giant’s executive chairman, Jack Ma, was in Thailand this week and has become the first big name to join Thailand’s plan to upgrade its economy known as Thailand 4.0. (more…)

Continue Reading

News

Thailand switches to black and white for final farewell to late King

Many businesses across Thailand will come to a halt while others will make necessary adjustments to pay their last respects to the beloved late King Bhumibol Adulyadej.

Boris Sullivan

Published

on

Many businesses across Thailand will come to a halt while others will make necessary adjustments to pay their last respects to the beloved late King Bhumibol Adulyadej. (more…)

Continue Reading

Banking

Bangkok retains Leading Mastercard Travel Destination Title for 2017

Travel and tourism in Asia Pacific is showing no signs of slowing down, with the region dominating visitor arrivals once again, according to the Mastercard Global Destinations Cities Index 2017

Boris Sullivan

Published

on

Asia Pacific is an increasingly popular region for travel, according to the Mastercard Global Destinations Cities Index (GDCI) 2017. (more…)

Continue Reading

Most Read

Upcoming Events

Feb 12

Future Energy Asia

February 12 - February 14
BITEC
Bangkok
Feb 19

13th World Congress on Nursing and Health Care

February 19 @ 9:00 am - February 20 @ 5:00 pm BMT
Phuket
Phuket city
Mar 11

Food science conferences

March 11 @ 8:00 am - March 12 @ 5:00 pm BMT
Mar 11

Food science conferences

March 11 @ 9:00 am - March 12 @ 5:00 pm BMT
Mar 22

41st World Dental Science and Oral Health Congress

March 22 @ 9:30 am - March 23 @ 5:00 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 12,066 other subscribers

Trending