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Which is the most expensive city in the world to host a corporate event in?

Zita Ruffler

Hey there!

I was doing some research and found out that the most expensive city in the world to host a corporate event in is currently Tokyo, Japan. According to a recent survey by CWT Meetings & Events, the average cost per attendee for a one-day event in Tokyo is approximately $354 USD, which is quite steep compared to other cities.

One of the main factors driving up the cost of corporate events in Tokyo is the high cost of accommodation. Hotel rates in the city are notoriously expensive, with many of the top hotels charging upwards of $500 USD per night. This can be a major expense for companies looking to host large events, as they often have to block off a significant number of rooms for attendees.

Another factor contributing to the high cost of corporate events in Tokyo is the cost of dining out. Tokyo is known for its incredible culinary scene, with countless Michelin-starred restaurants and street food vendors serving up delicious food. However, these options can be quite expensive, with many restaurants charging several hundred dollars per person for a meal.

Transportation is another area where costs can quickly add up in Tokyo. The city is known for its efficient and clean public transportation system, but taking taxis can be quite expensive. Additionally, many venues in Tokyo are located in the more expensive parts of the city, making transportation costs even higher for event attendees.

Despite the high costs, there are still many reasons why companies choose to host events in Tokyo. The city is one of the most international in the world, with a highly educated and diverse population. Additionally, Tokyo is a hub of innovation and technology, making it an attractive location for companies working in these industries.

Overall, if you're looking to host a corporate event in Tokyo, be prepared for high costs. However, if you're willing to invest in the experience, Tokyo can be an incredible place to host an event.