TOURISM, MEDICAL TRAVEL & RETIREMENT
Given the natural, cultural, and human resrouce endowments of the Philippines, tourism has been identified as an important sunrise, globally competitive industry by the national government. Tourism development can have strong proverty reduction effects in remote and rural areas. It has been calculated that for every foreign tourist that visits the country and spends about a thousand dolars, one job for one year is supported. Each dollar US$1 spent by a tourist to pay for accommodation services gets multiplied 2.1 times.
Background
Travel and tourism is currently the fourth largest source of foreign exchange revenues. From 2000 to 2009, the average annual spending of US$2.2 billion by international visitors contributed 43.5% and 4.8% to the service export and total export revenues of the Philippines, respectively. [ Read This Chapter ]Recommendations
Tourism's contributions to the economy can be magnified considerably if the country can increase the volume of international visitors, which is still extremely low in comparison with top Asian country desginations. [ Read This Chapter ]
Foreign chambers back tourism plan
6 July, 2011 at 19:46
Foreign businessmen joined tourism industry leaders in expressing support for Tourism Secretary Alberto Lim. Austen Chamberlain, president of the
A Privately-Run Tourism Promotion Board: An Idea...
4 July, 2011 at 15:32
The MANAGEMENT ASSOCIATION OF THE PHILIPPINES (MAP) strongly recommends the immediate formation of a privately-run Tourism Promotion Board to
Gov’t airs open skies policy for tourism...
18 June, 2011 at 15:28
This is an article repost. MANILA, Philippines. “The government will further liberalize the civil aviation industry to increase tourist
Tourism plan seen completed this month
14 June, 2011 at 18:56
The Department of Tourism (DoT) expects to complete this month and submit to the Palace in July the country’s National Tourism Development Plan
Tourism dep’t claims foreign visitor count on...
2 June, 2011 at 18:08
THE DEPARTMENT of Tourism (DoT) said yesterday that foreign tourist arrivals reached about 1.31 million in the four months to April, nearly
Aquino signs EO to adopt ‘open skies’...
19 May, 2011 at 18:02
President Benigno Aquino III has signed an executive order authorizing the Civil Aeronautics Board (CAB) and the Philippine air agreement
