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Balikbayan Magazine

The Global Business, Investment, & Travel Briefing for the Global Filipino Community

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Inbound tourism revenue grows to nearly a quarter of a trillion pesos in first half of 2019 for the Philippines

  • August 16, 2019
  • Balikbayan Media Center
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The Philippines’ tourism industry has generated nearly 245 billion pesos in receipts from international visitors during the first six months of the year 2019, according to the Department of Tourism (DOT).

The corresponding total receipts from the six-month arrivals increased by 17.57% from the half-year gross revenues in 2018.

Data provided by the DOT Statistics, Economic Analysis and Information Management Division (SEAMID) show the highest monthly receipts of 48 billion pesos in the month of February.

For June 2019, spending reached an estimated 38 billion pesos, which is 30.56% higher than the same month last year, while tourist per capita expenditure increased to $1,086.61 or 30.97% higher than June 2018.

So far, the DOT is keeping up with its target to attract high spending and longer staying tourists in the Philippines. As proof that our guests truly find it more fun in the Philippines, average daily expenditure and average length of stay per tourist reached $120.60 and 9.01 nights, respectively, which is 28.64% and 1.81% higher than the same month last year. This is based on the data from visitor sample survey.

“These economic numbers are exciting but the real purpose of why the government is working hard to push these numbers up year after year is for the Filipino people. Tourism in 2018 was responsible for 5.4 million jobs in 2018, contributing 12.7 percent or P2.2 trillion to the country’s Gross Domestic Product (GDP). At the end of the day, it is the number of lives changed for the better by tourism that would truly count,” remarked Tourism Secretary Bernadette Romulo-Puyat.

Earlier, the DOT disclosed that 4.1 million foreigners have visited the country from January to June this year, indicating an 11.43% increase from 2018.

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Balikbayan Media Center

Balikbayan Magazine's Media Center serves an audience in 60 countries and 101 cities throughout the World to ignite, drive, and fuel the economic development, progression, and modernisation of the Philippines. Our Media Center curates only the most critical, vital, useful, entertaining, and sometimes amusing information released from both the public and private sector. Our editorial team strongly believes that a well-rounded and well-informed society is a thriving society.

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