The figure was up 11.5 per cent in year-on-year terms.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- The Department of Tourism (DOT)\u00a0has reported that the Philippines\u00a0received 3.28 million foreign tourists\u00a0in the first seven months of the year. That’s an increase of 11.5 per cent when compared to last year. The figure represented 92.7 per cent of arrivals in the country and includes people classified as overseas Filipinos.<\/p>\n\n\n\n
South Korea remained the country\u2019s biggest source market, accounting for 26.2 per cent or 932,632 arrivals. The figure was up 14 per cent when compared to last year. The United States is the second-biggest source market with 580,338 arrivals, 16.3 per cent of all arrivals.<\/p>\n\n\n\n
There were 219,743 visitors from China, making up 6.2 per cent of all arrivals. This was a 54 per cent increase from last year. There were 213,864 arrivals from Japan, up 36.9 per cent in year-on-year terms.<\/p>\n\n\n\n
During the first seven months of the year, the Philippines recorded over 3.55m visitors. For 2024,\u00a0the Philippines aims to attract 7.7 million arrivals<\/a>. Last year, it received\u00a05.45 million international visitors<\/a>. In July, tourism secretary Christina Garcia Frasco reported earnings from inbound visitors<\/a> reached PHP282.17bn (US$4.83bn) in the first half.<\/p>\n","protected":false},"excerpt":{"rendered":" The figure was up 11.5 per cent in year-on-year terms.<\/p>\n","protected":false},"author":176,"featured_media":16426,"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' Department of Tourism reported 3.28 million foreign tourists in the first seven months, an 11.5% year-on-year increase, with total visitors exceeding 3.55 million. Key source markets include South Korea, the US, China, and Japan, with China showing a significant 54% surge. The country aims for 7.7 million arrivals in 2024, having generated US$4.83 billion in tourism earnings in the first half.","focusai_entities":"Department of Tourism (DOT), Christina Garcia Frasco","focusai_location":"Philippines, South Korea, United States, China, Japan","focusai_target_profile":"ceo_executive (0.85), regulator (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.8)","focusai_suggestions":[{"label":"IR GGR Impact","query":"What is the projected impact of this tourism growth on the GGR of major integrated resorts in the Philippines for H2 2024, particularly from key source markets like China?"},{"label":"Investment Outlook","query":"How might these robust tourism figures influence capital expenditure decisions and potential M&A activity within the Philippine leisure and gaming sector, considering long-term growth prospects?"}],"footnotes":""},"categories":[157,16333],"tags":[23907],"class_list":["post-777017896","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\/777017896","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=777017896"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017896\/revisions"}],"predecessor-version":[{"id":777017921,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017896\/revisions\/777017921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16426"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}