While it already offers one of the widest and most varied F&B and leisure markets in the world, it is still undersupplied relatively on a per capita basis, suggesting there still remains a significant opportunity for the market to grow and for further proliferation of businesses in the sector. Owing to its market size, the relative affluence of its population and disposable household incomes per capita, New York City topped the ranking as the leading global city.
The analysis from Savills explores major cities globally to examine the potential they offer for leisure and hospitality expansion, examining metrics such as spending power, tourism appeal, propensity for leisure and occupational costs.
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