Inbound arrivals will continue to expand throughout the forecast period, as consumers return to their pre-pandemic lifestyles. Growth will be boosted by the expected return of Chinese tourists, following the further relaxation of pandemic-related restrictions, as well as visitors from other parts of Asia-Pacific.
The Filipino government is also focussed on improving the attractiveness of the Philippines as a travel destination from a tax perspective. Under a new proposed bill, dubbed the “happy tax”, non-resident tourists will be allowed to obtain a VAT refund on purchases exceeding a value of PHP3,000.
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Understand the latest market trends and future growth opportunities for the Tourism Flows 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 Tourism Flows 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.
Tourism Flows
Tourism flows covers volume and spending by inbound, outbound and domestic visitors.
See All of Our DefinitionsThis report originates from Passport, our Tourism Flows research and analysis database.
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