Leasing can help boost PH tourism

The latest statistics paint a bright outlook for the Philippine tourism industry, despite some setbacks because of terrorism. From January to May 2017, the Philippines maintained a “consistent growth” in tourist arrivals, according to the Department of Tourism. Inbound tourist volume grew by 14.4 percent to 2.5 million, with the biggest volume recorded in January and the fastest growth seen in April.

In May 2017 alone, tourist arrivals hit 532,757, up by nearly 20 percent year on year. And for the first time, tourist arrivals in May surpassed 500,000, the Tourism department said.