The country attracted about 5.4 million foreign visitors, generating over PHP480bn in revenue.<\/p>\n\n\n\n\n\n\n\n
The Philippines.-\u00a0\u00a0Christina Frasco, secretary of\u00a0the Department of Tourism of The Philippines (DOT)\u00a0has reported that the country surpassed\u00a0the administration’s projection of 4.8 million international visitors<\/a>\u00a0in 2023, with a total of 5.4 million.<\/p>\n\n\n\n South Korea remained the primary source, accounting for 26.41 per cent of the total (1,439,336 tourists). It was followed by the United States with 903,299 tourists and Japan with 305,580. International tourism receipts reached an estimated PHP482.54bn (US$8.67bn), a 124.87 per cent increase compared to 2022 (PHP214.58bn).<\/p>\n\n\n\n In June, the DOT had reported that the country had received 2.64 million tourists in the first half of the year, more than its target for all of 2022 (1.7 million)<\/a>. Looking ahead,\u00a0the Philippines expects 7.7 million international visitors in 2024<\/a>, although this is still short of pre-Covid-19 figures.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" The country attracted about 5.4 million foreign visitors, generating over PHP480bn in revenue.<\/p>\n","protected":false},"author":176,"featured_media":20663,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippines significantly surpassed its 2023 international visitor target, attracting 5.4 million tourists and generating PHP482.54bn (US$8.67bn) in receipts, marking a 124.87% increase from 2022. South Korea, the United States, and Japan were the primary source markets. The Department of Tourism projects 7.7 million international visitors for 2024, indicating continued sector recovery.","focusai_entities":"Christina Frasco, Department of Tourism of The Philippines (DOT)","focusai_location":"The Philippines, South Korea, United States, Japan","focusai_target_profile":"ceo_executive (0.85), regulator (0.75), operator_casino (0.9), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Tourism Impact on GGR","query":"How do these elevated international visitor numbers correlate with the GGR performance of integrated resorts and land-based casinos in the Philippines, and what are the projections for 2024?"},{"label":"Regulatory Framework Adjustments","query":"What potential adjustments to regulatory compliance and governance frameworks might be necessitated by this significant increase in international tourism, particularly concerning gaming verticals?"}],"footnotes":""},"categories":[157,16333],"tags":[23907],"class_list":["post-777012202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777012202"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012202\/revisions"}],"predecessor-version":[{"id":777012221,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012202\/revisions\/777012221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20663"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}