Mr Rae said a 15.3% revenue increase in Glasgow could partly be explained by the city hosting a major bi-annual HIV international conference, while Aberdeen continued to benefit from activity in the energy-related conference and exhibition market.

BBC: Aberdeen Exhibition and Conference Centre

Besides Forbes, Gene Marks writes weekly for The New York Times and bi-weekly for American City Business Journals.

FORBES: Would I Invest In Facebook? No Thank You.

Besides Forbes, Gene Marks writes weekly for The New York Times and bi-weekly for The Huffington Post and American City Business Journals.

FORBES: Forget Florida My Dear, This Year We Shall Winter in The Bakkens