The Department of Tourism (DOT) announced on Thursday that visitor earnings in the Philippines have exceeded PHP280 billion for the first half of the year.
According to the DOT's most recent statistical report, revenue from inbound tourists during the period from 1st January to 30th June totalled PHP282.17 billion.
This is a rise of 32.81% over the PHP212.47 billion revenue from the same time last year.
Tourism Secretary Christina Frasco said this is a “testament to the relentless efforts of the Marcos administration in revitalising” the country’s tourism sector.
“This 32.81% rise from last year's figures not only showcases the growing appeal of the Philippines as a premier travel destination but also underscores the tangible benefits that tourism brings to our economy and our people,” she said.
“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.”
As of 10th July, the Philippines has recorded 3,173,694 inbound tourists. Of these, 92.55% (2,937,293) are foreigners, and the remaining 7.45% (236,401) are overseas Filipinos.
South Korea continues to be the Philippines’ leading source of foreign arrivals, accounting for 824,798 visitors, which is 25.99% of the total.
The United States follows with 522,667 visitors (16.47%), China with 199,939 visitors (6.30 %), Japan with 188,805 visitors (5.95 %), and Australia with 137,391 visitors (4.33 %).
Whereas Taiwan, Canada, the United Kingdom, Singapore, and Malaysia are ranked sixth to tenth, respectively, as source markets for visitors to the Philippines.
“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,” Frasco stated.
“Many projects aimed at improving the country's connectivity and enhancing our visitors' convenience are also in the pipeline to sustain the good work we have started.”