The Philippines is likely to experience continued softness in inbound tourism from its top source market, South Korea, throughout 2025 due to the weakening Korean won, according to a leading property consultant.
Alfred Lay, Director for Hotels, Tourism and Leisure for Leechiu Property Consultants (LPC), also claimed during a media briefing this week that Philippine visitor arrivals would remain at around 6 million this year, well below analyst forecasts of up to 8 million.
As reported by IAG, the number of visitor arrivals entering the Philippines fell by 0.51% during the first three months of 2025, mainly on a decline in visitation from South Korea…