From January to November, a total of 4,822,530 visitors, consisting of 91.88% foreign tourists and 8.12% returning overseas Filipinos. The breached the DOT’s target arrivals before the end of the year and ahead of the holiday season.
South Korea was the Philippines’ top source of foreign arrivals with 1,271,602 visitors or 26.37%, followed by the United States of America with 797,181 visitors or 16.53%, Japan with 272,735 visitors or 5.66%, China with 242,107 visitors or 5.02% and Australia with 225,464 visitors or 4.68%.
Frasco said the total visits have racked up to P404 billion is foreign visitor receipts, marking tourism as the second highest driver of economic growth for the Philippines and one of the “foundational pillars for the country’s…