HomeGood BusinessPhilippines posts double-digit rise in inbound tourism revenue

Philippines posts double-digit rise in inbound tourism revenue

Philippines revenue inbound tourism
Over 4.1 million foreign tourists spent some Php245 billion during January-June 2019. Credits to DOT.

The Philippines has posted a 17.57% increase in revenue from inbound tourism for the first half of the year 2019.

The Department of Tourism (DOT) reported that the tourism industry has generated some 245 billion pesos in receipts from international visitors from January to June.

The DOT Statistics, Economic Analysis and Information Management Division (SEAMID) data show the following significant figures for the industry:

* Highest monthly receipts, Php48 billion in February
* Spending reached an estimated Php38 billion in June, 30.56% higher than the same period in 2018
* Tourist per capita expenditure increased to $1,086.61, 30.97% higher than June 2018
* Average daily expenditure reached $120.60, 28.64% higher than June 2018
* Average length of stay per tourist at 9.01 nights, 1.81% higher than June 2018

The DOT report on August 16 says the agency is on track with its target to attract high spending and longer staying tourists in the Philippines.

“These economic numbers are exciting but the real purpose of why the government is working hard to push these numbers up year after year is for the Filipino people. Tourism in 2018 was responsible for 5.4 million jobs in 2018, contributing 12.7 percent or P2.2 trillion to the country’s Gross Domestic Product (GDP).

“At the end of the day, it is the number of lives changed for the better by tourism that would truly count,” remarked Tourism Secretary Bernadette Romulo-Puyat.

The Tourism agency also reported tourist arrivals broke the 4 million mark during the first half of the year, registering an 11.43% increase from 2018.

In 2018, foreign tourist arrivals in the Philippines recorded a high of 7.1 million.

SEND congratulations in the comments below for the Philippines’ tourism industry, leading the way to breaking revenue records!

Like, Follow, Subscribe to GoodNewsPilipinas.com Facebook, Twitter, Instagram, Good News Pilipinas! TV on YouTube, new story notifications and e-mail newsletters for updates on more Filipino Pride stories.

Facebook Comments
Angie Quadra-Balibay
Angie Quadra-Balibay
Angie is a self-confessed reformed news critic who vows she has finally found infinite value in delivering the good news. She teaches students of all ages how to make the important interesting for audiences across media platforms.

Get Your Dose of Good Vibes!

Power Up Your Positivity! Catch all the Good-Vibes! Join the GoodNewsPilipinas.com VIP list and get your daily dose of sunshine and Pinoy Pride! Unwrap stories that put Filipino awesomeness in your life! CLICK the subscribe button for our e-newsletter and turn your inbox into a fiesta of feel-good news! Inspire your day, fuel your pride! 🇵🇭✨

- Advertisment -

Top Stories