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Sunday, June 22, 2008

 

SPECIAL REPORT: TOURISM INDUSTRY

2008 arrivals: Big dip or 7.5% rise?

Sec. Durano fears President’s wish for 5M arrivals by 2010 will not happen

By Rene Q. Bas, Editor in Chief

WHAT at the end of 2008 will the Philippine tourism industry be? One devastated by a big slump in tourist arrivals, or one that has suffered a manageable decline, or an economic sector rejoicing because it has had a 7.5- percent increase?

There’s a conflict between the assessments of the biggest industry group, the Philippine Travel Agencies Association (PTAA), and the Department of Tourism.

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O T H E R   R E P O R T S

 

MOVE over Macau and Singapore, the newest Asian entertainment hub is rising in Manila.

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MOST expert industry forecasters see the Philippine travel and tourism industry likely to slump this year—owing to the global economic slowdown caused by the US banking crisis,...

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Despite the growing foreign visitor arrivals these past years, our country still trailed behind most of its Asean neighbors—in tourist arrivals and facilities.

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