Business visits up in London

Business visits to London rose by 18 per cent in quarter three of 2010, new figures show.

When compared to the figures from the International Passenger Survey (IPS) for the same period in 2009, the 18 per cent increase is quite impressive. 

According to Visit London, the business sector has maintained its positive recovery trend and recorded 656,000 visitors during the quarter.

In total, the capital played host to 4.24 million visits, including family and study visits which put it on par with pre-recession levels. The amount of money spent by visitors at event venues and other locations around the city also saw a modest improvement during Q3. Visitors spent a total £2.4m, up 0.7 per cent from the figure recorded for 2009.

CEO of Visit London Sally Chatterjee told Meetpie: “The figures provide an encouraging start to the year as London maintains its upward momentum, particularly in the business sector. We look forward to continuing this trend in 2011, with the Royal Wedding providing a fantastic opportunity to showcase this great city to a global audience.”

Q4 visitor statistics have yet to be released, though initial figures for the UK overall saw improvements during both October and November. The initial figures indicate that a positive year on year result can be anticipated for the capital for 2010. The figures for the full year will be available in April.