How can the Philippines distinguish itself from alternative tourism destinations in the region?
How can the Philippines distinguish itself from alternative tourism destinations in the region?
The government’s stated aim of 10m international visitors by 2016 is ambitious, but one with attractive benefits for an economy that has long fallen short of its potential. Such a surge would raise tourism revenues in excess of P1.8trn ($40.8bn), equivalent to 7% of GDP, and generate 10m jobs, the benefits of which would cascade through the economy...
What role is gaming likely to play as part of the Philippines’ bid to expand its hospitality sector?
Although economic headwinds have thrown international markets off course, the Philippine economy has managed to stay on a relatively even keel. Local authorities note that while GDP growth slowed in 2011 relative to 2010 due to weak external demand and government underspending, household
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