Philippines: A Rising Star in Travel & Tourism

The Philippines: A Rising Star in Travel & Tourism with Lucrative Opportunities

Travel & World Tour
Monday, July 15, 2024

The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) forecasts a record-breaking year for Travel & Tourism in the Philippines. The sector’s economic contribution, job numbers, and visitor spending are all expected to reach new highs.

Economic Contribution

The sector’s contribution to the national economy is set to surpass ₱5.4 trillion this year, marking an almost 25% year-on-year growth and soaring 7.1% above the previous 2019 peak. Travel & Tourism now represents more than one-fifth (21.3%) of the country’s economy, highlighting its critical role in supporting the nation and local communities.

Employment and Visitor Spending

Employment in the sector is projected to exceed 9.5 million jobs, accounting for 20% of the national workforce. Both international and domestic visitor spending are also set to break records, reaching ₱715.6 billion and ₱3.7 trillion respectively, surpassing 2019 levels by 5.7% and 1.8%.

Infrastructure and Government Efforts

This growth underscores the government’s dedication to enhancing tourism infrastructure. Efforts are underway to upgrade regional airports to alleviate congestion at Manila’s main airport and make travel more accessible. Julia Simpson, World Travel & Tourism Council President & CEO, commented on the progress: “The remarkable progress of the Philippines’ Travel & Tourism sector highlights the government’s dedication, putting it at the forefront of its national agenda and continuing to improve infrastructure. This unwavering commitment has not only driven economic growth but also enhanced the global standing of the Philippines as a top travel destination.”

2023 Recap and Future Projections

In 2023, the Philippines’ Travel & Tourism sector grew by 83.6% to reach ₱4.34 trillion, representing 17.9% of the country’s total economic output, though it remained 14% below 2019 levels. The sector created over 608,000 new jobs, bringing the total to nearly 9 million, still trailing 2019 levels by 5.4%. Both international and domestic spending saw significant increases, growing by 104.2% and 83.4% to reach nearly ₱630 billion and ₱2.9 trillion respectively.

Looking ahead, World Travel & Tourism Council forecasts that by 2034, the sector will grow its annual GDP contribution to nearly ₱9.5 trillion, 22% of the Philippines’ economy. Employment in the sector is projected to exceed 11.9 million people, with one in five residents working in Travel & Tourism.

Southeast Asia Outlook

This year, Southeast Asia’s Travel & Tourism sector is projected to grow by 20.6% to reach ₱21 trillion, representing 9.7% of the region’s economy and surpassing the 2019 peak. Jobs are expected to reach over 42.4 million, representing a year-on-year growth of 5.6% and surpassing 2019 levels. International spending is set to grow by 33.2% to hit ₱8.6 trillion, while domestic visitor spending is set to grow by almost 15.8% to reach ₱10.3 trillion.

World Travel & Tourism Council forecasts that Travel & Tourism across the region will continue to grow over the next decade with GDP contribution set to reach almost ₱36 trillion. Jobs are forecast to exceed 56.5 million, creating more than 14 million new jobs.

This research was carried out in partnership with Oxford Economics, with information sourced from UN Tourism (formerly UNWTO), Oxford Economics, and authoritative national databases. All values are in constant 2023 prices and exchange rates, as reported in March 2024, and given in ₱.

About World Travel & Tourism Council

The World Travel & Tourism Council (WTTC) represents the global travel & tourism private sector. Members include 200 CEOs, Chairs, and Presidents of the world’s leading travel & tourism companies from all geographies covering all industries. For more than 30 years, World Travel & Tourism Council has been committed to raising awareness among governments and the public of the economic and social significance of the travel & tourism sector.

Tourism revenue hits P282B in first half of 2024

Tourism revenue hits P282B in first half of 2024

Inquirer.net

11 July 2024

MANILA, Philippines — The Philippines’ tourism sector gained more than P282 billion in revenue for the first half of 2024, the Department of Tourism (DOT) said on Thursday.

According to the DOT, this was a 32.81 percent increase from the same period in 2023, P212.47 billion.

Tourism Secretary Christina Frasco said that the increase will contribute to more livelihood opportunities for Filipinos which will improve the country’s economy.

“The income generated through tourism directly translates to more opportunities and improved livelihoods for Filipinos, reinforcing the critical role this industry plays in our nation’s progress,” Frasco said in a statement.

Meanwhile, the DOT said that as of Wednesday, tourist arrivals in the country were marked at 3.17 million.

The number comprised of around 2.9 million foreign nationals, while 236,401 were overseas Filipinos.

The agency added that South Korea ranked first in foreign arrivals at 824,000 visitors, followed by the United States of America at 522,000, and China at third with 199,000 visitors.

The three were followed by Japan, Australia, Taiwan, Canada, the United Kingdom, Singapore, and Malaysia.

Frasco added that the DOT expects more visitors for the remainder of the year.

“In the second half of the year, we anticipate these numbers to increase, not only the revenue generated but most importantly, the number of Filipinos employed in tourism-related industries,” she added.

Philippines travel industry heading toward record high

Philippines travel industry heading toward record high P5.4 trillion

Story by Elijah Felice Rosales
Philstar Global 
29 June 2024

MANILA, Philippines — The Philippine travel industry is heading toward an all-time high value of P5.4 trillion this year, propelled by efforts to boost tourism in the provinces and upgrade aviation infrastructure.

Based on forecast by the World Travel and Tourism Council (WTTC), the country will grow its travel and tourism to new highs in 2024, particularly on economic contribution, job generation and visitor spending.

WTTC projects travel’s contribution to the economy to rise by almost a quarter to P5.4 trillion this year, from P4.34 trillion in 2023.

Likewise, travel will generate at least 9.5 million jobs for Filipinos, comprising one in every five of the labor force. Also, domestic visitor spending is seen to go up to P3.7 trillion, while foreign tourist expenditure is estimated to hit P715.6 billion.

WTTC president and CEO Julia Simpson said travel would benefit from public and private efforts to upgrade regional airports. The Department of Transportation (DOTr) is investing P14 billion for the development and reconstruction of provincial gateways this year.

Similarly, the DOTr is arranging public-private partnership contracts for the upgrade of airports in Bacolod, Bohol, Davao, Iloilo, Kalibo, Puerto Princesa and Siargao.

Apart from this, Simpson said travel would gain from the impending turnover of the Ninoy Aquino International Airport (NAIA) to the New NAIA Infrastructure Corp. led by San Miguel Corp.

The DOTr is set to hand over NAIA to the consortium by September, and from there the airport will undergo a P170.6 billion rehabilitation in the next 15 years.

WTTC estimates that travel and tourism will raise about P9.5 trillion for the Philippine economy by 2034. By then, the industry will take up 22 percent of the economy, creating jobs for as many as 11.9 million, sustaining one in every five Filipinos.

Regionally, WTTC believes Southeast Asia will grow its travel segment by 21 percent to hit P21 trillion this year. Additionally, jobs in travel and tourism will balloon to 42.4 million, expanding the role of the industry in livelihood generation.

The government is working on the improvement of transport infrastructure across the Philippines to enhance inter-island connectivity, benefitting industries reliant on tourism.

For one, the rehabilitation and upgrade of NAIA is expected to increase the passenger capacity of the airport to 62 million a year, from 32 million at present.

PH retains ‘emerging Muslim-friendly destination’ title

PH retains ‘emerging Muslim-friendly destination’ title

By Joyce Ann L. Rocamora
Philippine News Agency
June 1, 2024

MANILA – The Philippines retained its title as an emerging Muslim-friendly destination for the second straight year, according to the latest citations released by Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2024.

The citation for another Emerging Muslim-friendly non-Organization of Islamic Cooperation (OIC) nation was announced at the Halal in Travel Global Summit in Singapore on May 30.

The GMTI said the Philippines focuses on “building capacity to welcome tourists through various initiatives," including Halal food and integrating Muslim-friendly amenities in major tourist spots.

“Tourism authorities have placed Halal tourism high on their priority agenda, evidenced by their action to enhance the Halal tourism portfolio and raise awareness among tourism stakeholders about the values and practices important to Muslim travelers,” the GMTI said.

Mastercard, the American multinational payment card services firm, said the Philippines recorded an increase in its communications score since 2023.

“Among non-OIC destinations, the Philippines has steadily increased its appeal to Muslim tourists by strategically developing their Halal Tourism portfolio, enhancing halal accreditation of hotels and restaurants, and conducting Halal awareness orientations,” it said. “This effort builds on their achievement of winning the Emerging Muslim-friendly Destination of the Year award in last year’s Halal in Travel Global Summit, based on GMTI 2023 results.”

Fazal Bahardeen, founder and chief executive officer of CrescentRating, said the improved score also demonstrates the “unwavering commitment of the Department of Tourism (DOT)” to bolstering Muslim-friendly tourism and advancing the destination's appeal.

According to the joint report of Mastercard and CrescentRating, the Muslim population is projected to increase from 2.12 billion in 2024.

GMTI analyzes data across 145 destinations using the metrics access, communication, environment and services.

Over time, the criteria evolved to keep pace with the changing needs of Muslim travelers.

Tourism Secretary Christina Frasco on Saturday welcomed the citation and called it an “affirmation of the Marcos administration’s commitment to diversity and inclusivity.”

"The Philippine Department of Tourism recognizes the significance and potential of Halal Tourism in contributing to the growth and diversity of our tourism industry,” she said.

“As a country known for its warm hospitality, rich cultural heritage, and breathtaking natural attractions, catering to the needs of Muslim travelers through the development of Halal Tourism is crucial in ensuring that we raise our competitiveness in the global tourism market," she added.

Frasco said Halal tourism presents a rapidly growing market segment and that the Philippines is committed to prioritizing it.

“[B]y prioritizing this, we not only demonstrate our commitment to inclusivity and cultural sensitivity but also open up opportunities to attract more Muslim travelers from around the world, while expanding markets for our tourism stakeholders and creating more livelihood and employment for our fellow Filipinos,” she said.

The travel summit coincided with President Ferdinand R. Marcos Jr.'s state visit to Brunei, where Frasco inked a tourism cooperation agreement with her counterpart in a bid to further develop Halal tourism in the Philippines, among others.

Halal Tourism is a priority product under the recently approved National Tourism Development Plan (NTDP) 2023 to 2028.

On the sidelines of the recently held Arabian Travel Mart 2024, the DOT also signed a memorandum of understanding (MOU) with Megaworld Hotels and Resorts, committing all its properties to be Muslim-friendly.

The Philippines, likewise, signed an MOU with Qatar in April this year to boost cooperation in the aspects of mutual development, and growth of tourism and business events.

“Adapting to the changing needs of Muslim travelers by offering Halal-friendly accommodations, dining options, prayer facilities, and other services not only enhances the overall visitor experience but also showcases our respect for diverse cultural and religious practices,” Frasco said.

“This, in turn, fosters goodwill and strengthens our reputation as a welcoming and inclusive travel destination,” she added.

GCC states arrivals

Arrivals from the Gulf Cooperation Council (GCC) states have already posted a recovery of 115 percent, the DOT said.

In 2019 before the pandemic, arrivals from the Middle East accounted for 68,562.

Visitor arrivals from the Kingdom of Saudi Arabia reached 43,748; United Arab Emirates (UAE), 10,192 tourists; Kuwait, 6,309; Bahrain, 3,296; Oman, 2,526; and Qatar, 2,491.

In 2023, tourist arrivals rose to a total 79,014.

The UAE led the surge of tourist arrivals with 33,769, followed by Saudi Arabia (19,311), Qatar (10,438), Kuwait (6,915), Bahrain (5,886), and Oman (2,695). (PNA)

Marcos lauds tourism recovery

Marcos: PH tourism made 'impressive recovery' after COVID-19 pandemic

Story by SHERYLIN UNTALAN
GMA Integrated News 
25 May 2024

President Ferdinand Marcos Jr. lauded the performance of the country's tourism industry on Saturday following the COVID-19 pandemic.

At the inauguration of Solaire Resort North in Quezon City, Marcos said that ''the Philippine tourism and hospitality industry [has] made an impressive recovery.''

''We have slowly started to witness how hotels, restaurants, recreational amenities, and tourist spots have slowly but surely risen to the challenge of travel resurgence, welcoming 5.45 million inbound tourists in 2023. This is more than double the 2.65 million visitors recorded in 2022,'' he said.

''And that’s why I am very happy to be here with you this evening as we inaugurate the Solaire Resort North, which will be another [game-changer in the] global hospitality industry.''

Marcos said Solaire Resort North, which ''features not only first-class amenities but also world-class Filipino talent, is going further to raise the country’s image on the international stage.''

''With Solaire Resort North hiring more than 4,000 Filipino employees, this will not only boost our economy but will also empower our people to reach their full potential,'' he added.

Solaire Resort North offers not only rooms and suites but also restaurants, bars, and gaming areas.

Marcos noted how the gaming industry provided employment to thousands of Filipinos and generated revenues for the government.

''The revenues from these ventures [provided] huge funding for the operations of government agencies such as the Philippine Health Insurance Corporation, the Philippine Sports Commission, [and] the Dangerous Drugs Board,'' he said.

''It redounds to the implementation of the Universal Health Care, Early Childhood Care and Development Fund, Integrated Sports Development Program, the National Endowment for Culture and Arts, and the establishment and operation of adequate drug rehabilitation centers,'' he added.

''With this, I am confident that the Solaire Resort North is all set to take these successes to an even higher level.'' —VBL, GMA Integrated News

Two PH beaches among the world's best

Two PH Beaches Voted Among 50 Best in the World

Story by the SPOT.ph team 
04 May 2024

(SPOT.ph) In case you need further proof that our beaches are among the best in the world, here you go. A new global list just named beaches in Palawan and Romblon among the World’s 50 Best Beaches, and you may just want to include them in what's left of your summer itinerary.

The World’s 50 Best Beaches, an annual list that gets travelers and "Beach Ambassadors" to vote on their favorite shores, has just named Entulala Beach in Palawan and Bon Bon Beach in Romblon as two of the world’s finest. They join other destinations that travelers love including Trunk Bay in the US Virgin Islands, which topped the list, Cala Mariolu in Italy on second place, and Meads Bay in Anguilla, coming in third.

Why these Philippine beaches got the vote

If you’re wondering why other popular destinations in the Philippines didn’t make the cut, like perhaps a beach in Boracay or Siargao, it’s because criteria for voting put a premium on seclusion and relative quiet in the beaches selected. And based on this, the two Luzon beaches trumped all other shores in the country.

The annual voting measures nominated beaches based on the following qualities, according to its website:

• Unique
• Wildlife
• Untouched
• Soundtrack of Nature
• Easy to Enter
• Often Calm Water
• Not Too Crowded
• Frequently Idyllic

Enthralled in Entulala  

The list called Entulala Beach "Palawan’s overlooked slice of heaven." You will find yourself tulala—as in enthralled—by the white sand beach set against limestone cliffs- a signature of the province’s prized coves. Its irresistible clear and calm waters are great for some undersea exploration, where visitors will enjoy the sight of coral reefs. 

It is "never crowded," according to the list, as it is accessible only by boat, making it a peaceful retreat from El Nido’s other tourist-flocked shores.

"This beach is less frequented than others in the area, offering visitors a chance to escape the usual tourist spots and truly immerse themselves in nature," the list said.

The Department of Tourism celebrated Entulala’s inclusion on the list, calling on travelers to "see for yourself" why it’s among the world’s best.

"Entalula Beach was voted based on criteria such as unique characteristics, wildlife, untouched nature, soundtrack of nature, ease of water access, calm waters, lack of crowding, and frequency of idyllic conditions," it said in a Facebook post.

No bars but a sandbar in Bon Bon

Meanwhile, Bon Bon Beach in Romblon took 45th place for being "a laid-back undeveloped paradise," according to the list. Its highlight is a natural sandbar that appears during lowtide, allowing visitors to enjoy the unique experience of walking on a stretch of fine white sand beach that comes and goes.

"Bon Bon Beach on Romblon Island is admired for its unique natural sandbar that stretches out to Bangug Island. Visible during low tide, this sandbar allows visitors to walk across the shallow, clear waters to the neighboring island," the list said.

The destination is far away from the tourist packs, "so much so that you could have this beach all to yourself," the citation read.  

The tourism department said Bon Bon’s new acclaim "reaffirms the Philippines’ reputation as one of the world's premier beach destinations."

In case you’re still planning for a summer getaway this May, you may want to book a trip to these beaches before the crowds come descending.

Philippines teasing more American tourists in 2024

Philippines eyes a million American tourist arrivals in 2024 -DOT

Story by TED CORDERO
GMA Integrated News 
29 April 2024

NEW YORK CITY - The Philippines is looking to increase the number of American visitors to the country this year to about a million visitors amid renewed ties between the two allied nations.

In a dialogue with Filipino journalists participating in the Friends, Allies, Partners Program at the Philippine Consulate in New York, Tourism Attaché Francisco Lardizabal said that while American tourists ranked second only to South Koreans in terms of visitor numbers, “the US contribution was bigger… in terms of receipts.”

Data from the Department of Tourism showed South Koreans accounted for 26.62% or 1.45 million visitors to the Philippines out of the total 5.45 million foreign tourists in 2023.

The United States came in second, accounting for 16.57% or 903,299 visitors.

However, in terms of visitor receipts, tourism revenues from Americans were the highest at P35.46 billion, followed by Australians at P17.74 billion and South Koreans at P16.41 billion.

“This is the importance of the American market. While the arrivals are fewer, the contribution to the tourism receipts is bigger,” Lardizabal said.

“Because Americans spend higher and stay longer,” he added.

For this year, the tourism attaché said the DOT expected about “one million” visitors from the US, growing the number by “something like 15% more or less.”

Lardizabal said the majority of American travelers - 55.71% - were former Filipinos, while the remaining 44% were mainstream Americans.

“Those who are former Filipinos, of course, they are being motivated by… they have friends and relatives [in the Philippines]," he said.

"What they are looking for is, what did the Philippines change when I left? Because that is what they want to see here in the Philippines… and then they venture around.” 

He added that Filipinos in the US would go around the Philippines.

Meanwhile, mainstream American visitors looked for a “more immersive dining experience.”

“They want to know the story about the food, how it’s prepared… or even having culinary experience by learning how to cook it,” Lardizabal said.

Among the top destinations for American visitors were Boracay, Palawan, and Siargao, according to the Tourism official. — DVM, GMA Integrated News

Philippines named Destination of the Year at Asia Dive Expo

Philippines hailed as Sustainable Dive Destination of the Year at Asia Dive Expo

Jan Milo Severo 
Philstar.com
April 25, 2024 

MANILA, Philippines — The Philippines was named as Sustainable Dive Destination of the Year at Asia Dive Expo in Singapore, in recognition of its unwavering commitment to environmental conservation and sustainable practices in dive tourism.

“This recognition, alongside our long list of accolades celebrating the beauty of our nation, underscores our steadfast commitment to sustainable tourism practices,” said Tourism Promotions Board (TPB) Chief Operating Officer Maria Margarita Montemayor Nograles. 

“Participation in trade fairs like ADEX provides us a platform to promote the Philippines’ diverse tourism products and experiences. Moving forward, we will continue to work hand in hand with local communities and dive operators to ensure sustainable practices are followed so that our country’s treasures will still be enjoyed by future generations in the years to come,” she added. 

The country’s participation in the expo, known as Asia’s largest and longest-running dive expo, was a resounding success after a three-day business-to-consumer session, generating P197,219,062.09 in combined negotiated sales leads and actual bookings. This marked more than 300% increase from last year’s negotiated sales leads. 

As the event’s official country partner for the third consecutive year, the Philippine pavilion utilized a 90-square-meter booth space to feature some of the country’s finest dive sites such as the UNESCO World Heritage Site of Tubbataha Reefs Natural Park in Palawan, the famed sardine run of Moalboal in Cebu, and the marine and natural park of Apo Reef in Mindoro.

The Philippine delegation, led by the TPB, is composed of 16 exhibitors from the dive industry, accommodation, and tour operators, including Lalaguna Villas Luxury Dive Resort and Spa, Thresher Shark Divers, Infiniti Liveaboard Inc., El Galleon Resort/Asia Divers, Scandi Divers, M.Y. Resolute, Kasai Village Dive Resort, Logon Fish Buddies Diveshop, Earth Explorers Travel and Tours, Aiyanar Beach and Dive Resort, Fun & Sun Dive & Travel, Boracay Adventures Travel N Tours/Fisheye Divers, Sea Explorers Philippines, Atmosphere Resorts & Spa, Bohol Beach Club, and Atlantis Dive Resorts and Liveaboards, who offered dive and liveaboard packages in the top and emerging dive destinations in the Philippines. 

In a series of talks and panel discussions, Ram Yoro, a renowned underwater photographer, cave diving expert, Filipino scuba instructor, and author of "Guide to Anilao," shared insights on the Best of Philippine diving to further establish and sustain the country’s reputation as one of the world’s best diving destinations. Other Filipinos also represented the country on several panel stages including renowned underwater photographers, Bo Mancao and Alex Santos, and distinguished sustainability advocates, Cat Trivino and Antoinette Taus.

The TPB has been participating in ADEX for more than ten years which has been significant in ensuring that Singapore remains one of the country’s top source markets.

Koreans are the top tourists in PH

South Korea takes top spot in Philippine tourist arrivals! See who else made the list

Visitor arrivals jump 21.27% in Q1 2024, as tourism agency ramps up campaign

Jay Hilotin, Senior Assistant Editor and 

Infographics by Vijith Pulikkal, Assistant Product Manager
Gulf News
23 April 2024

Manila: Tourism has made a huge comeback in the Philippines with 1.7 million arrivals in the first three months of 2024, official data revealed.

The 21.3-per cent rise in arrival numbers in the first quarter this year – from 1.29 million in the same period in 2023 – could help the country hit targets enough to match pre-pandemic levels before 2024 is out.

The Department of Tourism is ramping up its tourism campaign with the global travel trade, covering more cities around the world, including the Middle East, alongside a whole-of-nation drive to boost Halal tourism.

Top 5, by country of residence

In terms of country of origin, South Korean tourists topped the list of arrivals with 458,619, or 27.59 per cent of the total, up from 26.02 per cent in the same period last year.

The luxury cruise ship 'Norwegian Jewel' calls the Port of Currimao (top photo), in northern Philippines, after spending a day in the capital Manila.

The luxury cruise ship 'Norwegian Jewel' calls the Port of Currimao (top photo), in northern Philippines, after spending a day in the capital Manila.

The US came second with 264,690 tourist arrivals, equivalent to a 15.92 per cent share of total arrivals – and 4.36 per cent higher than the first quarter of 2023.

On the third spot is China, with 109,568, accounting for 6.59 per cent of tourist arrivals and 149.9 per cent jump from 43,833 in the first quarter of 2023.

Japan took the fourth spot with 109,347 arrivals from January to March 2024, or 6.34 per cent of total arrivals during the period, a 63.21 per cent increase from the first quarter of 2023 with 64,547.

Australia took the fifth spot with 67,634 arrivals, or 4.07 per cent of the total. This, however, represented a 3.75 per cent drop from 70,266 in the first quarter of 2023.

Affordable, diverse

The Philippines, known for its affordability and diverse offerings, anticipates a surge in regional arrivals due to its proximity and robust transport connections.

A cruise ship near the central resort island of Boracay, Philippines. Image Credit: Carlos Celdran | FB

Fitch Solutions unit BMI forecasts a return to pre-pandemic foreign visitor levels, estimating arrivals to reach 8.21 million by the end of 2024. The Department of Tourism is aiming for a more modest target of 7.7 million tourist arrivals this year.

In 2023, the Philippines welcomed over 5.45 million foreign visitors, surpassing BMI's projection of 4.9 million for 2023 and DOT's own target.

The tourism sector's complete recovery is expected to get an added boost from a rise in arrivals from key markets in Asia, Europe, and the US and Canada. 

Korean travelling youth headed to the Philippines

Korean youth driving demand for Philippines flights

Story by Elijah Felice Rosales
Philstar Global
22 April 2024

MANILA, Philippines — South Korea’s flag carrier expects to fly about 1.7 million passengers to and from the Philippines this year, optimistic that tourism demand will be sustained by the traveling youth.

Korean Air corporate communications manager Kenneth Lee told The STAR that the airline flew more than 1.7 million travelers between the Philippines and South Korea in 2023.

Lee said the airline projects to serve around the same number of passengers this year, banking on the recovering demand for air travel from both Filipinos and South Koreans.

Korean Air currently sells at least 2,800 seats every day for flights between the Philippines and South Korea. At this rate, the airline is exceeding its daily sales prior to the COVID-19 pandemic.

According to Lee, the bulk of the demand for trips to the Philippines to the South Korean youth who head to islands for water activities. This demographic likes to go off the beaten tracks, exploring destinations that require them to travel outside the radar of urban centers.

Lee added that these travelers typically stay in the Philippines for an average of three months to the benefit of communities where they choose to live.

Lee said the pandemic failed to diminish the Filipinos’ love for Seoul as the Korean Embassy is processing some 1,300 applications for visas per day.

However, Filipinos explore Seoul mostly on packaged tours, as they stay in the city for a shorter period compared to their South Korean counterparts in the Philippines.

Korean Air operates in the Philippine market through hubs in Manila and Cebu. The airline offers 21 flights a week, three trips per day, between Manila and Incheon using an Airbus A330 and Boeing 777.

South Korea’s flag carrier also runs once a day flights between Cebu and Incheon utilizing a 777-200.

Meanwhile, Korean Air’s budget unit Asiana Airlines connects Clark and Incheon four times a week, on Mondays, Thursdays, Fridays and Sundays.

Based on latest data, Korean Air corners at least 25 percent of the market for flights between the Philippines and South Korea, sharing the remainder of the demand with Philippine carriers.

Korean Air serves the Southeast Asian region through its joint venture with Delta Air, one of the leading operators in the US, splitting the costs and revenue from the operations.

Puerto Princesa's march to progress

Puerto Princesa’s rapid rise to progress

Story by Marielle Jo Medina
Inquirer.net
21 April 2024

The city of Puerto Princesa in the province of Palawan is a highly urbanized and independent city that has its own legislative district. Located about 306 nautical miles from Manila or 55 minutes by commercial plane, the city’s airport and seaport are among the important transport links in the Mimaropa Region.

Taken from: pfacasylum.blogspot.com

Puerto Princesa is known for its booming tourism and untapped natural resources. As one of the greenest and largest cities in the Philippines, the local government is proactively taking steps so that the city will realize its economic potential.

According to preliminary data released by the city’s tourism department, tourist arrivals in Puerto Princesa reached nearly 529,000 in 2023. This figure is 76 percent higher compared to the 300,000 tourists in 2022. The tourism department said these statistics account for visitors who spent at least one night in Puerto Princesa, excluding transient tourists from cruise ships or those just passing through.

Prime investment hub

Puerto Princesa City is on a consistent and robust urban development track. As a top destination in the Mimaropa region, it is a prime investment hub particularly for the tourism and hospitality industries. It has also attracted ventures related to real estate development, for those who seek to reside or expand businesses in the paradise island of Palawan.

The Puerto Princesa local government is continuously improving its infrastructure to stimulate economic development. Plans are underway to revitalize and improve its central business district by constructing new commercial buildings to attract investments in its growing business processing outsourcing industry.

According to the IT and Business Process Association of the Philippines (IBPAP), Puerto Princesa is one of the locations touted to be high potential areas for transformation into “digital cities” by 2025.

In December 2023, the Philippine Economic Zone Authority (Peza) said that it is targeting to open a 26,000-hectare Iwahig mega economic zone at the prison complex in Puerto Princesa within the term of President Marcos.

Peza officials have earlier expressed their wish to turn this economic hub in Palawan into a publicly owned economic zone, focusing mainly on developing it as a manufacturing hub. Peza Director General Tereso Panga said that the planned mega economic zone would be ideal to host the production line of automotive vehicles, including electric vehicles. The goal is to transform the penal colony into a self-sustaining community, complete with its own power and water sources.

Iconic destinations

Puerto Princesa is home to some of the most iconic tourist destinations in the country such as the Underground River National Park, Tubbataha National Marine Park, and the resort town of El Nido. The development of key destinations such as Honda Bay, Tagbarungis Eco-Park, Tagkawayan Beach, and the Acacia & Heritage Parks is also in the pipeline of the local government.

In October 2022, the local government of Puerto Princesa City said it is eyeing about P300 billion worth of new investments from its latest push to get investors to set up their businesses in the city, which include a new safari park.

Puerto Princesa Mayor Lucilo Bayron highlighted the P200-billion investment from the more than 1,000-ha Sta. Lucia Environmental Estate, which is being positioned to become an ecotourism park and a major environmental hub.

There are also plans to upgrade the city’s fishport and improve the fishing sector in the city, which Bayron said would result in thousands of new jobs not just for the locals, but also for people from other places in the country who wish to work there.

According to data from the local government, commercial fishery in the port contributed 62 percent of the city’s annual fish production, with about 19,246 metric tons of fish directly shipped to Metro Manila and other provinces.

Businesses that could benefit from the development of the fishing sector in Puerto Princesa include fish processing, ice plant, refrigeration facilities, canneries, and wholesale and retail stores.

Emerging MICE sector

The local government of Puerto Princesa is also bent on developing Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism.

Puerto Princesa tourism chief Demetrio Alvior Jr. said MICE tourism brings substantial economic benefits through corporate spending on venues, accommodations, dining and transportation, exceeding leisure travel expenses.

He said the city hosted about 800 MICE events in 2023, attracting nearly 70,000 visitors.

But the city is faced with capacity limitation and can only currently accommodate a maximum of 1,000 individuals, according to Alvior. To address this, the city government has plans to build convention centers to increase visitor capacity and stimulate more flights to Puerto Princesa, ultimately enhancing the city’s tourism infrastructure and its ability to host larger events and more tourists.

Source: Inquirer Archives, Philippine News Agency

Is Trillion Dollar economy Attainable for PH?

Could the Philippines Really Become a Trillion-Dollar Economy in the Next Decade?

Story by Currie Cator
Esquire Philippines
19 April 2024

The World Economic Forum (WEF) is optimistic that the country could be a $2-trillion-dollar economy in the next 10 years—reaching the same level as mainland China, Japan, India, South Korea, Australia, Taiwan, and Indonesia. 

That’s on the condition, though, that the Philippines scores better investments in key sectors. 

Currently, the country’s economy is pegged at around $476 billion, the WEF said.

In its property market report, consulting firm Leechiu Property Consultants said the Philippines saw an 18-percent surge in foreign tourist arrivals in the first quarter of the year. This is the highest since 2019.

The demand for hotels, tourism, and leisure went up to 1.66 million, with travelers mostly coming from South Korea at 27.5 percent. 

Overall hotel performance is expected to bounce back by 2025, according to the report.

Leechiu also reported a growth in office take-up by a quarter in the first three months of 2024, the largest over the last four years.

It said the increase in demand was observed across all industries, "indicating a widespread and robust expansion." 

Office market transactions rose to 331,000 square meters (sqm) from the 264,000 sqm. in the same period last year.

The "sustained" take-up was attributed mainly to traditional companies or government agencies, as well as the IT-BPM (information technology and business processing management) industry. Philippine Offshore Gaming Operations (POGOs) also continued to take up space, accounting for about 55,000 sqm.

Another factor driving possible growth, according to Leechiu, is the shift of the country's residential market to the provinces. 

Real estate loans outside Metro Manila rose in recent months, whereas the capital is experiencing a slowdown in residential condominium sales.

As for capital values, delayed interest rate cuts have been causing fatigue in the economy.

But Leechiu said the market remains bullish, as the U.S. presidential elections this year may force the Federal Reserve to slash rates; though it may still depend on inflationary management.

"Long-term view [is] still positive as Philippines continues to be one of the fastest growing countries in the world at 5.9 [percent]," the report said.

The country's inflation rate rose to 3.7 percent in March due to higher food prices and transportation costs.

In 2023, the Philippines recorded a full-year gross domestic product (GDP) growth rate of 5.6 percent, falling short of its six to eight-percent target.

Manila to Vietnam Direct flights

Vietnam Airlines Launches Direct Flights to Manila

Story by Bea Faicol 
Spot.ph
16 April 2024

It's been a hot topic in travel-centric groups how daily expenses when traveling in other countries are almost the same price—if not cheaper—compared to our daily expenses in the Philippines. Take Vietnam, for example. There, a budget of P3,500 can cover your accommodation, activities, and food for a day.

If you'd rather go abroad and been meaning to visit North Vietnam (Hanoi) or South Vietnam (Ho Chi Minh City), here's a bit of good news: Vietnam Airlines will soon launch direct flights to those destinations  from Manila this June.

Vietnam Airlines to launch direct flights between Manila and Hanoi and Ho Chi Minh City:

Vietnam Airlines, Vietnam's flag carrier, announced on their Facebook page that they will soon have direct flights connecting Manila with Hanoi and Ho Chi Minh City starting June 17. Before this launch, Vietnam Airlines offered flights to Hanoi and Ho Chi Minh City, but with layovers.

The Manila-Hanoi flights will have three flights weekly, on Tuesdays, Thursdays, and Saturdays, with flight numbers VN 646 going to Hanoi and VN 647 going to Manila, using the Airbus A321 for both routes. The flights to Hanoi are scheduled from 05:20 a.m. to 07:30 a.m., while the flights going back are from 00:05 a.m. to 04:20 a.m.

The Manila-Ho Chi Minh City flights will have four flights weekly, on Mondays, Wednesdays, Fridays, and Sundays, with flight numbers VN 648 going to Ho Chi Minh City and VN 649 going back to Manila, using the Airbus A321 for both routes. The flights to Ho Chi Minh City are scheduled from 05:20 a.m. to 07:30 a.m., while the flights going back are from 00:50 a.m. to 04:20 a.m.

Vietnam Airlines promo for the Manila to Ho Chi Minh City and Hanoi flights:

In preparation for the launch, Vietnam Airlines has a promo where you can get roundtrip tickets with a starting price of VND 3,549,000 or P8,026. The purchase period is until June 23 while the travel or flight period starts on June 17 until 23.

There's a separate promo for the opening month, with a travel period until July 17. You can get a Manila-Hanoi roundtrip flight for USD 208 or P11847.16, while a Manila-Ho Chi Minh City roundtrip ticket has a starting price of USD 174 or P9,910.61.

For more information, check out Vietnam Airlines' Facebook page.

Chavit ventures into Korean entertainment

Chavit Singson to co-produce Lee Seung-gi's 'Vagabond' 2

Story by Iza Iglesias 
Manila Times
12 April 2024

Filipino businessman and politician Luis 'Chavit' Singson has announced his venture into Korean entertainment as he is set to co-produce the highly-anticipated second season of the Korean series "Vagabond."

Starring Lee Seung-gi, Bae Suzy and Shin Sung-rok, the first season aired in 2019 on TV network SBS TV before its release on Netflix. It is about a stuntman (Lee) who got involved in a tragic airplane crash and discovered a national corruption scandal.

Singson revealed his involvement in the project in an interview at the opening of the seventh branch of bb.q Chicken in Ayala Feliz, a Korean fried chicken restaurant he introduced to the country.

"We have many companies in Korea, we have partners, friends. Lee Seung-gi, he is one of our endorsers here in bb.q and he is the lead there," Singson shared.

It was in March 2023 when the Korean star last visited the Philippines and stopped by in Vigan, Ilocos Sur. Among his destinations were Singson's Baluarte Zoo, Calle Crisologo and Vigan Heritage Site.

According to the former Ilocos Sur governor, the second episode of "Vagabond" will be shot in the Philippines.

Sharing about the production timeline, Singson said, "Maybe this May. They're just finishing the whole story because they want it complete. They'll finish the story so that shooting will be seamless. They don't like thinking about what to do tomorrow. They want it continuous. I think they've been working on the story for about a month now."

Apart from Ilocos Sur, the series will also be filmed in other tourist destinations in the Philippines.

"Just one episode first. We will begin in Ilocos, then I plan to showcase all the beautiful places like what I did during Miss Universe to promote the beautiful destinations in the Philippines, our usual tourist attractions here," he said.

He added that part of the collaboration is the inclusion of Filipino artists in the series, although names of the talents are yet to be revealed.

Meanwhile, beyond the series, Singson shared he also made partnerships with Korean manufacturers for the production of electric vehicles to help the modernization program of the government when it comes to jeepneys and tricycles.

"Korea will produce electric vehicles for the modernization program, like jeepneys. I was able to convince 21 factories in Korea to join me because I can't do it alone since it involves millions. Millions of tricycles, electric vehicles, jeepneys so I need assistance. Thank God, the 21 manufacturers in Korea agreed," he shared.

While the public utility vehicle (PUV) modernization program requires loans to purchase the vehicles, Singson said he will no longer be necessary.

"I told them we won't ask for a down payment, no guarantee, we won't ask for a percentage because if I'll ask for a percentage, it's no longer assistance," he finally said.

Iloilo is one of the cheapest tourist destinations in SEA

Iloilo is the 5th cheapest tourist destination in all of Southeast Asia this summer

Story by GMA Integrated News
04 April 2024

Iloilo is among the cheapest travel destinations in Southeast Asia this summer, booking platform Agoda said.

The Visayan city ranked 5th in Agoda's list, with accommodation rates going as low as P2,814 a night. Commonly referred to as the City of Love, Iloilo is known for stunning beaches, hidden lagoons, its 11-kilometer bike lane, and food. 

Topping the list with an average room rate of P1,576 is Thailand's Udon Thani, home to tourist spots like the Chinese Gate, Udon Thani City Museum, and Nong Prajak Park. Udon Thani is pretty close to Laos’ capital, Vientiane, which only takes a little over an hour by driving.

Completing the top five with most affordable accommodation rates in Southeast Asia are Surabaya in Indonesia (P2,195), Hue in Vietnam (P2,420), and Kuching in Malaysia (P2,758).

Bengaluru in India (P3,096), Narita in Japan (P3,996), and Kaohsiung in Taiwan (P5,684) are ranked 6th, 7th, and 8th respectively.

The average room rates indicated above were calculated based on Agoda booking data from March 1 to March 18, 2024. 

In November, the United Nations Educational, Scientific, and Cultural Organization (UNESCO) named Iloilo as the first Philippine city to join its Creative Cities Network in the field of gastronomy.

— Hermes Joy Tunac/LA, GMA Integrated News

Cebu on Bangladesh's Top 5 Asian destination

5 budget-friendly summer vacation destinations in Asia

Samayla Mahjabin Koishy
thedailystar.net
Thu Apr 4, 2024 

With its rich culture, breath-taking landscapes, and fascinating historical sites Asia has countless destinations fit for a summer vacation. Many well-known tourist spots within the continent, however, are somewhat pricey. Thus, putting them out of reach for those on a tighter budget. With a wide range of affordable adventures, we have gathered all the information you need for your next budget-friendly summer getaway. So, put your travel plans in motion and get ready for an incredible summer in Asia!

Cebu, Philippines

Being one of the most affordable Southeast Asian vacation spots, Cebu is the Philippines' most popular tourist attraction. Pristine white-sand beaches, magnificent waterfalls, flourishing marine life, adventurous parks, and a variety of outdoor activities await travellers in Cebu. Landmarks like Magellan's Cross and Fort Santiago are essential sites for history buffs while Moalboal is the perfect island spot for divers and snorkelers. 

The tasty, affordable food on the streets of Cebu and travelling via the metro can save major expenses.

Visiting Cebu for three to seven days is most affordable. The average cost of a weeklong vacation is around Tk 49,000 but the majority of tourists spend between Tk 22,000 and 82,000. It covers sightseeing, transportation, meals, and accommodation. Additionally, if one books early, round-trip flights from Dhaka to Manila could be between Tk 38,000 to 43,000.

Goa, India

Travellers looking for affordable Asian vacation should visit Goa, India's smallest state yet a popular destination. Here, they can unwind in beachside shacks and enjoy the relaxed pace of life. To get the adrenaline pumping, tourists can visit exciting venues, such as the Saturday Night Market, the lively seaside pubs, or the Anjuna flea market. The whitewashed churches, crumbling forts, and magnificent baroque architecture of Old Goa also captivate many. 

There are a variety of inexpensive transportation choices in Goa, including buses, taxis, and motorcycle rentals. With a budget of about Tk 3,000 to 8,000 travellers might engage in enjoyable activities. On average, tourists spend Tk 25,000 for a week in Goa, while the range is Tk 10,000 to 60,000.

Flights from Dhaka to Goa, including a return journey, may cost as little as Tk 35,000.

Siem Reap, Cambodia

Located in Southeast Asia, Siem Reap is a gem with breath-taking temples, vibrant cafés, and serene canals. One of the most amazing sights in the world, Angkor Wat, can be reached from Siem Reap. Additionally, tourists may visit the Tonle Sap Floating Village and Siem Reap Night Market for an experience that combines modernity with the old. After a day of seeing the city, tourists should finish the visit with a foot massage and some Khmer food.

Accommodation, approximately Tk 16,000, may be pricey here. However, tourists may only spend about Tk 8,000 per week on transportation and meals. A budget of Tk 10,000 would be good for seeing sights and having fun. A three-day vacation to Cambodia may be a reasonable investment, considering the estimated cost of Tk 45,000 to 50,000.

As an additional expense, round-trip flights might cost about Tk 50,000.

Nha Trang, Vietnam

One of Southeast Asia's cheapest destinations, Nha Trang, is perfect for beachgoers. With its stunning coastline, unspoilt coral reefs, and network of islands, this coastal jewel is home to an almost unmatched summer getaway. Tourists can indulge in mouth-watering fresh seafood, experience mud baths, and go snorkelling. Other than the scenery, Nha Trang also has several architectural monuments and cultural places including Thap Ba Ponagar. 

The Nha Trang holiday budget may support modest planning and amenities. There is a wide variety of reasonably priced rental homes on the market. Cafes serving Vietnamese food are also very inexpensive. Things like excursions may cost around Tk 10,000. Spending a week in Nha Trang for a single person will cost about Tk 30,000.

From Dhaka to Ho Chi Minh City in Vietnam, the cost of a round trip might range from Tk 54,000 to 66,000.

Dushanbe, Tajikistan 

One can consider visiting Tajikistan's capital, Dushanbe, for a fantastic and economical Central Asia vacation. The city is charming in its own right, with its quirky Soviet-era artwork on walls and majestic buildings along tree-lined streets.

Tourists can stroll around Rudaki Park, see the Ayni Opera, and learn about the city's history at the Museum of Antiquities and the National Museum. One of the best ways to further experience authentic local food and culture is to peruse the local bazaars.

The price of a round-trip ticket to Tajikistan is about Tk 90,000. However, for as little as Tk 1000 to 1500, you may stay at a guesthouse or even someone's home. This often also includes supper and breakfast. Additionally, they may connect you with local drivers. The price may be around Tk 2000. In fact, a week's worth of travel in Dushanbe is readily manageable for one person for around Tk 38,000!

Philippines has the Best Islands in Asia-Pacific

Boracay, Palawan named among ‘Best Islands in Asia-Pacific’

Story by Ghio Ong

28 March 2024

MANILA, Philippines — Two island destinations in the Philippines were included in the 10 “Best Islands in Asia-Pacific” by a foreign travel magazine.

DestinAsian based in Singapore listed Boracay and Palawan as among the “Best Islands” in its 17th Annual Readers’ Choice Awards this year.

Boracay ranked fifth while Palawan was ninth.

A photo of paraw boats sailing amid the sunset in Boracay was featured.

Palawan was highlighted with a photo of limestone cliffs surrounded by clear blue and green waters.

In a Facebook post, the municipal tourism office of Malay town in Aklan attributed the recognition to the “collaborative efforts “ of the local government of Malay, the tourism office, stakeholders and local volunteers who make Boracay Island “better than ever. “

As of March 26, at least 499,120 tourists, 137,800 of them foreigners and 7,131 overseas Filipinos have visited Boracay this year, according to the tourism office.

Bali in Indonesia topped DestinAsian’s 10 “Best Islands” list, followed by Maldives, Phuket and Koh Samui in Thailand, Boracay, Phu Quoc in Vietnam, Langkawi and Penang in Malaysia, Palawan, and Lombok in Indonesia.

The result of this year’s DestinAsian Readers’ Choice Award was “a roll call of 230 properties that the voters deemed to be the top places to stay in the region, compiled alongside favorite cities, islands, cruise lines, airlines and more,” the magazine said.