Philippines Travel & Tourism Market Trends Examined by Timetric in Insightful Report Now Available at MarketPublishers.com25 Sep 2013 • by Natalie Aster
LONDON – During 2008-2012, the travel and tourism market in the Philippines witnessed robust growth, supported by a rise in tourist volumes, positive effects of government regulations, higher investments in tourism infrastructure, an increase in flight frequency as well as improvements in land transport connectivity to leading tourism destinations.
The real GDP in the Philippines is forecast to grow by 7% between 2015 and 2017. In an effort to promote the Philippines as a key tourist destination in Asia-Pacific, the Department of Tourism (DOT) will implement a tourism infrastructure program over the next two years, requiring an investment of USD 700 million. Besides, within the hotel market, the existing hotel rating system in the Philippines is expected to be replaced with the international one by end-2013.
Insightful report “Travel and Tourism in the Philippines to 2017” created by Timetric provides a comprehensive overview of the Philippine travel and tourism industry.
The study features in-depth analysis of the travel and tourism market in the Philippines, disclosing critical historical and present data on its performance. It examines tourist spending patterns in detail; provides essential information on the tourism output generated by each category within the country’s industry. The research scrutinizes the tourism demands and draws up a clear picture of tourism flows in the Philippines; analyzes employment and salary trends in various industry sectors; and also offers an insightful overview of the prevailing trends in travel intermediaries industries. In addition, the report presents profiles of the leading market players along with a detailed forecast for the national travel and tourism market development up to 2017.
Travel and Tourism in the Philippines to 2017
Published: August, 2013
Price: US$ 1,950.00
Other Travel & Tourism Market Reports by Timetric Include:
- Travel and Tourism in Brazil to 2017
- Travel and Tourism in India to 2017
- Travel and Tourism in Malaysia to 2017
- Travel and Tourism in the UAE to 2017
- Travel and Tourism in Tunisia to 2017
- European Business Traveler Survey 2013: Hotel Accommodation, Selection Criteria and Customer Expectations of New Technology, Promotions and Services
More market research reports by the publisher can be found at Timetric page.