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London and New York host an equal number of business events



Loopex Digital has recently research to identify the best cities for business networking. The study analyzed multiple statistics, included the number of business events, the number of co-working spaces, private offices, meeting rooms, Speedtest Global Index, the speed of the internet download (Wi-Fi), the average hotel price for a night in a 5-star hotel and the cost of living for a week (excluding rent). Data was obtained from sources such as Numbeo, Speedtest.net and Booking.com. The final score was based on the total number of business events, locations and the Speedtest Global Index.

The findings summarized:

Country City Total number of locations Speedtest Global Index Internet download speed (Wi-Fi) Number of business events Average hotel price for one night stay 5* Cost of living for a week Composite score
United Kingdom London 14,338 6 106.54 12,000 $209 $343 48.7
United States New York City 15,841 49 249.86 12,000 $511 $413 38.7
Australia Sydney 9,017 92 63.38 11,832 $134 $285 30.1
Singapore Singapore 8,124 1 284.05 1,152 $157 $277 27.7
France Paris 9,124 7 243.47 1,992 $153 $303 25.6
Switzerland Zurich 9,748 14 204.92 480 $234 $412 23.7
Germany Berlin 8,429 60 91.42 4,392 $143 $271 22.7
The Netherlands Amsterdam 10,253 18 190.96 1,104 $171 $290 22.2
United Arab Emirates Dubai 10,737 4 266.36 456 $82 $271 21.4
New Zealand New Zealand 9,750 24 175.06 2,016 $128 $273 21.3

London, United Kingdom, is theThe best city for business networking, of a composite score of 48.7. With more than 14,000 co-working spaces and 12,000 business events, London offers access to a community of like-minded people. Sixth place on The Speedtest Global Index, London offers reliable internet connection. Additionally, a seven day working trip will cost about $343the making an excellent destination for networking and collaboration.

With only 10 points behind, New York City, United States, follows with a composite score of 38.7. Providing a platform for professionals to connect and make valuable connections, NYC has over 15,000 venues and hosts 12,000 business events annual. An overnight stay in a five star hotel the average price here is $511.

The third city to network is Sydney, Australia, of a composite score of 30.1. While it is almost half the number of business locations Compared to the Big Apple, Sydney still hosts almost as many business events, providing ample opportunities for collaboration and networking. A seven-day business trip here costs $285.

Singapore comes in fourth place place on the list of best cities for business networking, with a score of 27.7. Of Singapore tops the Speedtest Global Index, making it ideal for technology-focused professionals. The average hotel price and weekly cost of living make it an attractive destination for business travelers.

Rounding out the top five is Paris, France, with a score of 25.6. The city hosts nearly 2,000 business events this year, with countless opportunities to connect and make valuable connections. Paris has an internet speed of 243.47 Mbps.

Switzerland, Zurich claims sixth position, of a composite score of 23.7. With almost 10,000 co-working spaces and private offices, The city hosts 480 business events. A one week company a trip to Zurich costs about $412pretty much the same as in NYC.

Berlin, Germany, is the seventh best destination for networking, with a score of 22.7. The city offers a more active environment for business events than several other cities, This year, almost 5,000 events took place. An overnight stay in a 5-star hotel in Berlin costs on average €143.

Closely followed by Amsterdam, Netherlands, with a composite score of 22.2. Compared to previous cities, Amsterdam has more than 10,000 meeting rooms and offers super-fast internet.

Dubai, United Arab Emirates, ranks ninth when it comes to networking, of a composite score of 21.4. The city is a strong all-rounder, with more than 10,000 private offices And almost 500 business events organized. Dubai offers the most affordable hotel rates on the list, with an overnight stay in a 5 star hotel for only $82.

Auckland, New Zealand, closes the list with a composite score of 21.3. The city offers more than 9,000 co-working spaces and hosts 2,016 business eventsA seven day business trip to Auckland will cost an average of $273.

Loopex Digital spokesperson commented on the findings: “It is inspiring to see professionals crossing borders to expand their networks and connect with like-minded individuals. Cities like London and New York City, with their numerous business events and venues, provide excellent platforms for such opportunities. These busy centres offer a variety of networking opportunities and valuable cultural experiences, which can aid in personal and professional development.”

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