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The Latest Business-Tourism News in the Philippines

The Philippine’s travel influencers, the government, and resort chains are trying everything possible to put the tourism industry alive by creating pandemic recovery approaches. This country has come a long way of enticing tourists to make revenue, but due to coronavirus pandemic, it has suffered some upheavals. So, as for now, there are current news and updates in the tourism industry, such as the following.

Travel Restrictions and Enhancement of Community Quarantine Countrywide

Like other countries, Rodrigo Duterte, the president of the Philippines, announced travel limitations and quarantine measures among the community members. Because of this, Boracay Island was banned for both the foreign and domestic people. The Hennan Group and Boracay resorts were also affected tremendously by the restrictions, but the government is trying to come up with new resolutions.

Tourism Sectors Seeks Help from the Government

The players of tourism in the Philippines have joined other travel and tourism bodies to call out for the government’s help by suspending taxes. They also want the government to extend more reliefs to tourism organisations that are facing financial turmoil because of coronavirus. However, with the government’s effort, most tourism players are concerned and anxious on the way they can keep the industry awash for the immediate and near term.

Tourism Revenue Reduces by 35%

Due to foreign visit restrictions, the tourism revenues in the Philippine has gone down by 35%. Based on the reports from Benito Bengzon, the tourism undersecretary, the industry had only made around 80 billion pesos. Since the virus hit the nation, the revenues have gone down tremendously, but Bengzon still thinks that everything can be recovered if the lifting of lockdown happens.

Final Thoughts

For many years now, tourism has been the pillar of The Philippine’s economy. This industry has been supporting the country by 13% of total revenues, but based on the news, things have changed.

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  • Home
  • Why You Should Read Business News
    ▼
    • Updated News on Tourism Business in the Philippines
    • 3 Marketing Strategies for Promoting Tourism Venues
  • Great Places To Visit in Philippines
    ▼
    • Must-See Tourist Spots in the Philippines
    • Things Tourists Can See and Do in the Philippines
  • Importance of Tourism News
    ▼
    • The Latest Business-Tourism News in the Philippines
    • Keeping a Tourism Business Afloat with Smart SEO Tips
  • About Sports Reporters
    ▼
    • Benefits of Sports in Lifestyles
    • Sports and Lifestyle in the Philippines