Published on : Wednesday, May 16, 2018
The Philippine Department of Tourism or PDOT recently declared the growth of 96.66 percent on visitor receipts for January and February of this year in comparison to the same time last year. On the basis of the data published by the Department of Tourism or DOT, joint receipts for the initial two months of this year raised to PHP78.82 billion ($1.5 billion) from PHP40.08 billion ($7.6 million) last year.
DOT features the growth of the influx of South Korean and Chinese visitors to Philippines, with the Koreans seizing the title of top spenders within two consecutive months.
On January 2017, total tourist receipts increased 73.65 percent to PHP37.65 billion from PHP21.68 billion in the same month in 2016. Also, there was a 123.74 percent hike from February 2017’s PHP18.40 billion value of visitor receipts to PHP41.17 billion on February 2017.
South Korea tops the chart in terms of spending market, churning out PHP21.98 billion for January and February 2018 combined.
Visitors from China on the other hand registered PHP16.35 billion for the same period, after United States with PHP10.46 billion.
The 15 top-spending markets were Japan, Canada, Australia, Taiwan, United Kingdom, India, Singapore, Hong Kong, Malaysia, Germany, France and Saudi Arabia, the biggest tourism market of the Philippines from the Middle East region.
Seoul was simultaneously the top visitor market of Manila for the same period, recording 354,700 arrivals. Lagging a few figures behind was Beijing with 256,880 visitors in the two months.