Share to PH total exports up at 8.2% in 2015 from 4.3% in 2010
The Department of Tourism (DOT) reported the spending of foreign visitors in the Philippines doubled from 2010 to 2015 because of the bright outlook for the country and good marketing campaign in the tourism sector.
Citing the 2015 Philippine Tourism Satellite Accounts data of the Philippine Statistics Authority (PSA), the DOT said foreign visitors’ expenditures surged in the past five years with its share to total exports up to 8.2 percent in 2015 from 4.3 percent in 2010.
Foreign tourist arrivals was third biggest export item of the country in 2015, giving tourism an 8.2 percent share of total exports of goods and services of the Philippines.
Tourism was third among the economy’s top achievers, after trade (first) and real estate industry (second), which propelled the country’s gross domestic product last year.
Tourism-related businesses employed about 4.98 million workers, 38 percent of which were in the passenger transport, while accommodation and food and beverage took up 34.8 percent of the total tourism employment, the PSA report showed.
“Looking back, the positive outlook of the industry, the harmonious public and private partnership, a good marketing campaign, and the strong government support that the DOT received allowed tourism to reach the economic heights where it is today,” Tourism Secretary Ramon R. Jimenez Jr. said.
“The business is good, you only have to keep the momentum going,” he added.
Jimenez said the 2016-2022 National Tourism Development Plan is key to achieving the industry targets in the next six years.
“To maintain the industry’s growth, the 2016-2022 National Tourism Development Plan is presently being finalized for presentation to this administration, before it ends, and to the new administration for approval,” the outgoing DOT secretary said.
“This should help sustain the strong first quarter growth in tourist arrivals and help the country meet its target of 6.5 million tourists by year end,” he added.