Any Bangkok hotel near Terminal 21 enjoy good profits from tourist spending, as evidence by Mastercard’s annual Destination Cities Index, which lists down the most visited tourist destinations in the world and their tourist spending. The Thai capital ranked in at first, with fellow Thai city Phuket also making it into the top ten.
Bangkok attracted over 20 million visitors throughout 2017, which is higher than both London and Paris, which attracted 19.83 million and 17.44 visitors, respectively.
However, in spite of only scoring fourth in visitor volume, Dubai ranked in number one for tourism spending, with many tourists visiting the country for its attractions, and weather, which include the world famous BurjKhalifa, the tallest man-made structure. According to the data, however, the biggest draw for tourists is the Middle East’s shopping capital.
Even though New York and London are strong in retail, both cities are far behind Dubai in visitor spending, which has been slowly moving away from the traditional Western destinations, towards the rising powers in Asia.
The whole index from Mastercard covers 162 cities, handling more than just the top ranked travel destinations. On top of tourist volume and spending, the index also takes a good look into the average stay duration and spending per day by tourists in staying across the world, in a hotel near Terminal 21 and other places.
According to Mastercard, thanks to the global economy’s favourable state, the annual growth of international overnight visitors across the world to the top 10 destinations went up to 2017, save for Korea’s capital, Seoul, which saw its ranking dip from seventh to tenth place.
In terms of tourist spending in the Southeast Asia region, the top three destinations – Singapore, Bangkok, and Phuket – raked in US$43.85 billion of the total spending by international overnight tourists. Japanese cities like Okinawa and Kyoto, meanwhile, were the fastest growing destinations in the region, with CAGRs (2009-2017) +39.2% and +27.8%.
For total spending, the Southeast Asia accounts for half of the top 10 list, led by Singapore, the city state being a renowned shopping destination in the Asia Pacific region. Thai city Phuket made it onto the list for the first time, with an average daily spending of US$239, which is the second highest in its subregion.