“The leading cities of the world are the very nodal hubs that knit the global economy together. Without these global cities, there would be no global economy” states the recent MasterCard Report (May 2011) on global destination cities. And Istanbul continues its journey to become one of those global cities. Istanbul is high on the list of destination cities in terms of number of international visitors (7th) and visitor spendings (12th). It is placed even higher with extraordinary growth rates (third with 20.4% growth in visitor arrivals and first with 30.1% growth in visitor expenditures).
Source: MasterCard Worldwide (2011), MasterCard Index of Global Destination Cities: Cross-Border Travel and Expenditures 2Q 2011. MasterCard Worldwide Insights. Click to download the report: Global_City_Travel_Connectivity_English