Business trips to London grew 7.6 per cent in 2010, according the latest International Passenger Survey.
The figure accounts for nearly £9bn being spent in the capital, with many visitors frequenting conference centres as a means of conducting business and building future partnerships.
According to Meetpie.com, it was the Russians who made the largest contribution to the economy, with visitor numbers up 37 per cent. This was closely followed by Brazil (36 per cent) and India (31 per cent).
Big Hospitality cited Danny Lopez, Interim CEO of tourism board London & Partners, who said that London continues to be a popular destination for both leisure and business visitors.
“It is very positive news for the capital that we are not only attracting new markets but continuing to see growth from some of our traditional markets,” he said.
London officials are optimistic about leisure tourism in particular as the capital plays host to the Royal Wedding, the Queen’s Jubilee and the 2012 Olympic and Paralympic Games over the next year.
Mr Lopez insists: “London & Partners is well positioned to promote all that is unique about London to maintain our position as the number one international visitor destination.”
Other notable statistics in the study include the rise in visitors from the Eurozone. Italy provided a 23.7 per cent increase in visitors, followed by Germany (17 per cent) and France (6 per cent).