Best Cities for Business Networking

Loopex Digitalrecently conductedresearch to identify the best cities for business networking.The study analyzedseveral metrics,includingthe number of business events, the number of co-working spaces, private offices, meeting rooms, Speedtest Global Index, internet download speed (Wi-Fi), average hotel price for a one-night stay at a 5-star hotel, and the cost of living for a week(without rent).Data was retrieved from sources such asNumbeo, Speedtest.net, and Booking.com.The final score was based onthe total number of business events, venues, and the Speedtest Global Index.

Findings summed up:

London, United Kingdom,is the best city for business networking,witha composite score of 48.7.With more than14,000 co-working spaces and 12,000 business events,London offers access to a community of like-minded individuals.Ranking sixthonthe Speedtest Global Index, London provides reliable internet connectivity.Additionally,a seven-day work tripwill cost around $343, making ita prime destination for networking and collaboration.

With just 10 points behind,New York City, United States,follows witha composite score of 38.7.Offering professionals a platform to connect and establish valuable connections,NYC has more than 15,000 venues and hosts 12,000 business eventsannually.A night’s stayat a five-star hotel here costs an average of$511.

The third city to network is Sydney, Australia,witha composite score of 30.1.While it has nearlyhalf the number of business venuescompared to the Big Apple, Sydney still hosts nearly the same number of business events, providing ample opportunities to collaborate and network.A seven-day business trip here costs $285.

Singaporeranks fourthonthe list of best cities for business networking, scoring 27.7.Withhigh-speed internet topping the Speedtest Global Index, Singapore is ideal for tech-focused professionals.Its average hotel price and weekly living cost make it an attractive destination for business travelers.

Rounding up the top five is Paris, France, with a composite score of 25.6.The city hosts almost 2000 business eventsthis year, offering numerous opportunities to connect and establish valuable connections. Paris hasan internet speed of 243.47 Mbps.

Switzerland, Zurich claims the sixth position,witha composite score of 23.7.With almost10K co-working spaces and private offices,the city hosts 480 business events.A one-week businesstrip to Zurich costs approximately $412, nearly the same as in NYC.

Berlin, Germany,isthe 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,hosting nearly 5,000 events this year.A one-night stay in a 5-star hotel in Berlin costs an average of$143.

Following closely is Amsterdam, Netherlands,with a compositescore of 22.2.Compared to previous cities, Amsterdam has more than10,000 meeting rooms and offers high-speed internet.

Dubai, United Arab Emirates, ranks as the ninth city for networking,witha composite score of 21.4.The city is a strong all-rounder, with over10,000 private officesandhosting nearly 500 business events.Dubai offers the most affordable hotel priceson the list, with a one-night stay at a5-star hotel costing just $82.

Auckland, New Zealand,closes the list with a composite score of 21.3.The city offersmore than 9,000 co-working spacesand hosts2,016 business events. A seven-day business trip to Auckland willcost an average of $273.

The spokesperson fromLoopex Digitalcommented on the findings,“It’s 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 centers provide a variety of networking opportunities as well as valuable cultural experiences, which can help with personal and professional development.”