The Philippines Tourism Industry Forecast to 2019
The Philippines has several tourist destinations which cater to various kinds of tourists and has always been a preferred destination amongst international tourists, as English is widely used as a language amongst Filipinos.
Historically, the Philippines tourism industry has got significant attention from the policy makers due to the following reasons:
Tourism industry makes a significant contribution to Philippines’ GDP, approximately 7.1% in 2013
Opportunity of employment is large in tourism industry
Taxes levied on tourism industry is a major source of revenue for the government
Factors such as rising disposable income, improving standard of living, availability of affordable travel options within the country, and the government’s effort to make tourism as one of the key industries in Philippines, are leading the growth of tourism industry.
‘Philippines Tourism Industry Forecast to 2019’ report offers a comprehensive guide to the size and structure of the market. This report allows you to identify the factors driving growth, competitive landscape prevailing in the industry and also analyse potential business opportunities. Essentially, this crisp report offers strategic analysis of key factors influencing the market and forecasts till 2019 to illustrate how the market is expected to change.
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