Seoul has been named the best destination for international business meetings by a premier U.S.travel magazine for a third straight year, the municipal government said Tuesday.

The honor, one of 60 categories recognized by the Business Traveler magazine every year, went to Seoul for its versatility, city officials said, citing the magazine's editor.

"Choosing a city in which to hold an event is an important decision, both for the attendees and for the organizations involved," editorial director Dan Booth was quoted as saying. 

"Whether for an international conference or a North American event, the award winners in these categories know how to put on a show, with the right mix of experience, technology and entertainment options to guarantee success."

The category for international business meetings destination was created in 2008 and had been dominated by U.S. cities like Dallas, Honolulu and Las Vegas in the first three years. The South Korean capital, however, has won the title every year since 2012.

The annual event also named Korean Airlines Co., South Korea's largest full-service carrier, the best airline in Asia. Its rival Asiana Airlines Inc. was given the title Best Overall Inflight Experience in the World.

Incheon International Airport, the main gateway to South Korea in the western city of the same name, was the airport with the best duty free shopping, according to the magazine. (Yonhap)