Foreign tourists’ spending in the PHL to grow 101% by 2030 

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LONDON — The spending of international leisure tourists in the Philippines is predicted to increase by 101 percent by the year 2030, which will make it among the fastest-growing countries in Southeast Asia.

He added that shifts in the Chinese yuan and consumer prices have diminished the spending power of the Chinese, “while travel preferences have seemingly changed with the emergence of lower-spending international travelers, including more repeat travelers.

DOT’s marketing arm, the Tourism Promotions Board, is eagerly awaiting for these visa reforms to be able to implement more strategies to specially promote the Philippines as a wedding destination to the Indian market.(See, “TPB pushes ‘Wedding Season’ for Indian visitors in the PHL,” in the BusinessMirror, July 6, 2024.

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Article Details

Author / Journalist: Ma. Stella F. Arnaldo

Category: BusinessStartups

Markets: PhilippinesChinaIndiaThailand

Topics: Top News Tourism

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 01:18:55 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 686 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23454867

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 69 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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