London Tops World’s Best Cities List For 3rd Year In A Row
January 17, 2020Stay in the know with exclusive industry news, click here and subscribe to our eNewsletter today!
London once again tops Resonance Consultancy’s list of the world’s 100 best performing cities for 2020, but New York City moved up a notch to No. 2, switching places with Paris, which held the second position in 2018 and 2019.
Resonance, a leading advisor in real estate, tourism, and economic development for countries, cities, and communities, called London the “capital of capitals” and said that despite the messy Brexit drama, the city “teems, incessantly, with energy, projects, and people.”
The annual World’s Best Cities Report ranks the relative quality of the world’s “principal cities” with metropolitan populations of one million or more. The consultancy group bases the list on its own methodology that analyzes a combination of core statistics, user-generated reviews, and online activity in channels such as Facebook, Google, Instagram, and TripAdvisor. Resonance takes a holistic approach to its rankings by considering 22 factors that showed positive correlations with attracting investment and visitors — “key performance indicators both in terms of measuring existing desirability and forecasting the future prosperity of a city,” wrote president and CEO Chris Fair in a forward to the report.