Tourism revenue hit record-high $7.29B in Sept.

Tourism revenue hit record-high $7.29B in Sept.

It is a fact that Tourism is one of the driving factors in the improvement of the economy.
The Duterte administration with its policy with respect to peace and order and care for the environment are all geared for the increase of foreign tourist to visit the country.

The numbers for the third quarter of this year just came in and the administration is happy with our country’s numbers, the tourism industry surged by 25.66 percent in the first nine months of 2019, the Department of Tourism (DOT).
South Koreans having their picture in Luneta
(photo credit to owner)

As reported by DOT Undersecretary Benito Bengzon, the Philippines aggregated revenues of $7.29 billion or P379.21 billion from January to September this year.

“Beyond the headcount, of course, I’d also like to mention the revenue because this has been an increasingly important indicator. $7.29 billion. Again, a record-high for the first nine months. $7.29 billion, the first time that we ever reached this level,” Bengzon said

The current figures when compared to last year is significantly higher which posted a $5.80-billion or P305.2-billion tourism revenue.
“The $7.29 billion can be attributed basically to a longer length of stay and higher total expenditure per visit,” Bengzon said.

As per the data from DOT, a visitor spends $139.44 while in the country and stays for about 9 and a half days on the average.

DOT recorded $686.60 million or P35.78 billion of tourist spending for the month of September alone.

In terms of who has the highest spending among the foreign tourist that visit’s the country, the South Korean lead the pack in September with a total of $193.55 million followed by visitors from China with a total of $163.61 million. The top two are followed by the US with $77.99 million, Japan with $37.35 million, and Taiwan with $30.12 million.

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Report from PDI

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