London is #1 again, for the sixth year in a row. In 2017, Paris and Vienna held joint second place, with 190 meetings each. All of the top ten centres in the index increased their ratings in GFCI 28, reversing recent trends. But it’s the outdoors that really clinched Dubai’s #6 overall ranking. The word “museum” gets redefined at the State Hermitage, one of the largest museums in the world, with an exquisite, sea-green Winter Palace so beautiful it could melt a czar’s heart. Most recently, its square footage had been transformed into a 1,200-bed field hospital, with room, if necessary, for 2,900. Economic growth, fueled by immigration and global investment, have Canada’s largest city poised for big things. The promise of high salaries means a torrent of global workers fuel the city’s ambition and ideas, ranking it #9 in our GDP Per Capita subcategory and #20 for Global 500 companies. It may be better known for its raunchy nightlife—still going strong at #10—but Amsterdam is stepping away from its seedier elements, going so far as to ban guided tours of its red-light district while it considers corralling sex work and foreigner-friendly cannabis cafés in a special zone. London ranks #16 for the quality of its outdoor experiences, many of which come in the form of spectacular parks that are the legacy of dozens of former country estates that served as hunting grounds for generations of kings and queens. Asia/Pacific Centres had a mixed performance in GFCI 28, with ten centres falling in the rankings and 14 rising. Surprised to see a mid-sized European capital with a fading party rep ranked so high? China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London collaborate in producing the GFCI. Melbourne and Sydney claim top spots in three of the 13 metrics, Moscow and London in two. While New York ranks just 64th for the size of its convention center, the Jacob. The connectivity measures are used to classify cities into levels of world city network integration. The city was the first metropolis in the U.S. to demand almost full closure, “and the biggest city to go to full closure of all nonessential businesses,” the mayor pointed out recently. Steeped in history and wearing its cultural identity proudly on its sleeve, Barcelona is a tourism magnet, often to the dismay of the many locals who see the crowds as a threat to their city. In 2012, the Economist Intelligence Unit (The Economist Group) ranked the competitiveness of global cities according to their demonstrated ability to attract capital, businesses, talent, and visitors.. From vague federal threats of defunding. For a city with the #3 ranking for global Nightlife, this is catastrophic. The jewel in the city’s culinary crown is the $250-million River Point, two blocks from Audi Field, between Capitol Riverfront and the Wharf, with piers, waterfront activity and plans for new restaurants that include a veggie-friendly eatery by James Beard–winning chef Spike Gjerde. City Hall is promising to build five new outdoor swimming pools in time for the Olympics. Singapore’s reinvestment into research, talent and corporate headquarters recruitment ensures it will be home to a sustainably wealthy citizenry for decades to come. In Madrid, everything old is new again. It’s not just the well-known cultural richness; Madrid is more importantly, finally committed to the modern reinvention of the city focused on its citizenry. Ryerson University’s Centre for Urban Research and Land Development revealed that Toronto overtook Dallas–Fort Worth–Arlington for the top spot. The city’s #32 ranking for Museums among global cities will surely improve as a result. The city places #3 in our Sights & Landmarks category, meaning you need to roam Palace Square, Nevsky Prospekt—the elegant geographical anchor of the city—and around Square of the Arts and the Summer Gardens. But take a closer look and you’ll see a city constantly reshaped by citizens eager to write their own history. With a #2 global rank for Restaurants, Tokyo is moving far beyond its internationally beloved food traditions. These early results are not comparable with the results from 2000 onwards presented here. When the world reemerges from the pandemic, Barcelona’s fifth-most TripAdvisor reviews among the world’s cities will surely need a somber rewrite. But SoftBank, while it funds disruptive start-ups around the world, is also changing Japanese business, offering rarely seen perks and benefits to its workers. The city has doubled down on its enviable culture, connectivity and quality of life. West Half, near The Yards Park, was also slated to open in late 2020, featuring views of Major League Baseball’s Nationals Park and including a brewery, cafés and a local grocery store. Along the way, these immigrants have sowed the seeds for the city’s open-minded attitude toward, well, everything. However, the average drop in ratings was only 21 points (3.17%) in this region. A few short months ago, all the data made sense. Six out of the eleven North American centres are in the top 20, up from four in GFCI 27. Here you can find shopping that’s at once sophisticated and daring, adventurous chefs creating a new Czech cuisine and an anything-goes club scene. As cases spiked in March and April, New York became the U.S.’s nightmarish coronavirus epicenter. Of the next 40 centres, 12 improved their rating while 27 fell. ( Chiudi sessione / That’s not to say it’s abandoned the indulgent splendor of the past: Prague’s fairy-tale spirit can still be found in its century-old cobbled streets and its (publicly accessible) castle perched on a hilltop, in its hidden alleys, grand squares, ancient bridges and dreamy spires. The ubiquity of the U.S. capital in dramas on screens small and large (to say nothing of the real-life stuff) has escalated its resonance in the zeitgeist and helped propel it into the Top 20 global cities. Global Cities; Netzwerke. By the time he wrapped up his final term in 2019, that number had ballooned to nearly 58 million annual visitors—an impressive tourism feat and perhaps the biggest success story of Emanuel’s mayoral tenure. New York, to the surprise of no one, ranks Top 5 in the world for Global 500 companies (#4). It’s why the city-state continues its ascent among the planet’s most prosperous cities, with a growing cluster of Global 500 companies (ranking #30 overall). These levels are interpreted as follows: alpha++ cities In all analyses, London and New York stand out as clearly more integrated than all other cities and constitute their own high level of integration, alpha+ cities Other highly integrated cities that complement London and New York , largely filling in advanced service needs for the Pacific Asia, alpha & alpha- cities Very important world cities that link major economic regions and states into the world economy, All beta level cities These are important world cities that are instrumental in linking their region or state into the world economy, All gamma level cities These can be world cities linking smaller regions or states into the world economy, or important world cities whose major global capacity is not in advanced producer services, Cities with sufficiency of services These are cities that are not world cities as defined here but they have sufficient services so as not to be overtly dependent on world cities. Once you’re on the ground, the recently renovated Moscow subway is increasingly the envy of many Western capitals, as much for its improved efficiency and reach as for its regally art-stuffed stations. The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Download the latest Best Cities Reports for free. In the last few years, the Windy City pursued and acquired some big-ticket draws, including the NFL Draft, the James Beard Foundation Awards and the Laver Cup. Download the latest World’s Best Cities Report for free. Sofia, Baku, and Almaty fell over 30 ranking places from GFCI 27 to GFCI 28. Anything to get the City of Angels off the ground. These days, the bounty is an immersive step back in time. For the last 13 years the GFCI has published two reports a year which have charted the progress of the world’s leading financial centres. We separate our findings into prices, earnings, purchasing power and working time. There’s been speculation on the impact of Brexit on London’s prosperity ever since the referendum vote was counted in 2016: for 2021, our rankings show the city at #5 for number of Global Fortune 500 companies (identical to 2020), 29th for GDP Per Capita and 52nd for Unemployment. Daily deaths peaked at 799 in April, and have totaled over 24,000. This appears to reflect levels of confidence in the stability of Asian centres and in their approach to sustainable finance, which appears to be growing in its effect on the overall rating of centres. The show will go on in 2021, pandemic permitting. More than 75,000 data points were collected and included in our calculations of the indicators in this report. Though it was spared the COVID-19 numbers other European capitals experienced during the first wave (possibly thanks to the country’s science-friendly attitude and chancellor) the city still had to cancel its celebration of diversity, Karneval der Kulturen, while the famed Berlin Pride Celebration went virtual. Still the fascinating gateway into Eastern Europe’s secrets, Praha radiates confidence and dares visitors to keep up. Indeed, when Rahm Emanuel won the mayorship in 2011, an estimated 39 million people a year visited Chicago. The COVID-19 outbreak has launched L.A.—and Mayor Eric Garcetti—into the spotlight. With almost half of its population foreign-born, Toronto’s #13 spot among the world’s cities—it’s highest finish ever—is powered by diversity and education—the two components of our People category, for which the city ranks #3, just behind Dubai and Abu Dhabi. Its housing market is very expensive so, consecutively, cities "lose" price index points relative to it when including rents (i.e. The defiant Catalan capital’s intoxicating mix of beach, architecture and creativity has framed the city as the poster child of global overtourism—and its solutions. “We’re the city of St. Francis, and if we don’t lead on this, then shame on us,” said Joe D’Alessandro, CEO of San Francisco Travel. But Toronto’s diversity is less tied to migrant labor and more to the long-term opportunity in a city that earlier this summer was crowned as the fastest growing metropolitan area in all of North America. And Ward 7, two blocks away from the Minnesota Avenue metro station, will be home to Market 7, powered by a variety of Black-owned businesses including a grocer and retail installations by local makers. San Francisco has embraced seekers since the Gold Rush days, when, seemingly overnight, people came from Asia and Europe, from across the continent and from the other side of the world for their shot at the California Dream. These experiences are not by accident: the city reinvented itself yet again throughout the 2010s, growing from a sterile playground for a handful of ultra-rich Emiratis to an international tourism and business destination. The instrumental factors are combined with financial centre assessments provided by respondents to the GFCI online questionnaire. Few American cities fell harder in visitor numbers in recent months than Chicago. In the not-too-distant future, the Obama Presidential Center—to be set in Jackson Park—will become a marquee attraction on Chicago’s South Side. Not comparable with the results from 2000 onwards presented here food traditions has launched L.A.—and Mayor Eric Garcetti—into spotlight! 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