Domestic tourism and travel is expected to remain a primary growth driver in lodging (destination) over the forecast period. This is due to the slower recovery of crucial foreign markets, such as China and Japan, which have yet to reach pre-pandemic levels.
It is noted that there may be a potential room shortage in lodging (destination) in the Philippines by 2025, which gives hotels the green light to expand. Indeed, such a potential room shortage could impact The Department of Tourism’s target of attracting 12 million international tourists by 2028.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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