Lagos visitors’ spending tops $700 million

Lagos visitors

Lagos visitors

from OKORO CHINEDU in Lagos, Nigeria
LAGOS – LAGOS Africa’s fourth most popular destination in the continent with more than 1,3 million overnight visitors in 2014.

This is according to the MasterCard Index of Global Destination Cities
which rates the port city 76th in the world.

According to the index, the number of visitors to the country’s most
populous city increased from 1,25 million last year.

Total visitor spend amounted to US$710 million this year, up from $684
million the previous year.

Now in its fourth year, the MasterCard Index of Global Destination Cities
ranks 132 cities in terms of the number of their total international
visitor arrivals and the cross-border spending by these same visitors in
the destination cities. It also gives visitor and passenger growth
forecasts for 2014.

The 13 African cities ranked in the Index are Johannesburg (South Africa),
which ranks highest in the continent, Cape Town, Durban (both South
Africa) , Cairo (Egypt), Casablanca (Moroccco), Accra (Ghana), Nairobi
(Kenya), Beira (Mozambique), Dakar (Senegal) , Kampala (Uganda), Lagos,
Maputo (Mozambique) and Tunis (Tunisia).

“The Index recognises cities as important business, cultural and economic
hubs. This is where MasterCard comes in. Every day, we help consumers and businesses maximize all of the travel opportunities available to them,
including a safe and secure way to pay no matter where they are,” says
Mark Elliott, Division President, South Africa, MasterCard.

– CAJ News





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Posted by on Nov 6 2014. Filed under Africa & World, Featured, Finance, Finance & Banking, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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