London has been declared the best city in the world for 2023. The city won the online poll conducted by World’s Best Cities. London beat Paris, Tokyo, Dubai, Roma, New York, and others to secure first place in the list.
Paris has been placed at the second spot on the list while New York landed in third place. London is home to 11 million people and is cherished for its food, restaurants, and luxurious architecture and properties. The city also attracts mega-rich people. Tokyo has landed on the fourth spot and Dubai became the fifth-best city in the world.
The rankings were compiled by real estate and tourism consultancy Resonance. The consultancy looked at six different categories: place, product, programming, people, prosperity, and promotion. They are more focused on financial and business factors, such as the number of large tech firms in a given city than other more holiday-centred rankings.
“If all those newcomers can’t cook at home, they came to the right place, especially these days, when the culinary industry is being reborn after dozens of the city’s most iconic restaurants shuttered over the pandemic,” it is argued in the rankings.
“The city with the fourth-best restaurants on the planet is buzzing again with big-name openings like Dubai-based izakaya-style restaurant Kinoya in Harrods.
“There are hundreds of other rooms soon joining this increasingly daring culinary destination serving—and welcoming the world once more.”
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The rankings elaborated on how London attracts huge investments.
“Despite much-warranted hand-wringing about the flight of talent and capital due to the pall of Brexit (and the follow-up specter of an airborne pandemic), London is hanging in just fine, relying on a dipping currency to attract investment and, of course, previously priced-out tourists,” it argues.
“And new residents. New wealthy residents who can now afford to check off a big item on the multi-millionaire bucket list: property in the best city on the planet.
“An astonishing 61 luxury London properties—each worth $11.5 million (£9.5m) or more—were sold in the first six months of 2022, which was the highest number in a decade.”