The overwhelming majority of popular tourist destinations are in Asia
In 2012, Bangkok, London, and Paris competed fiercely for the spot of top destination city. Now, Bangkok has far surpassed Paris, Paris could soon fall below Dubai, and New York, already below Singapore, could soon dip further past Seoul. Simply put, tourists are choosing to spend their time and money in Asian cities.
And this is an important metric to keep track of: “Since 2009, international travel and spending by overnight visitors to cities have grown faster than real GDP,” reports Mastercard’s 2017 Global Destination Cities Index. Tourism, in other words, is fueling the rapid development of the East.
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