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Philippines Tourism Report Q4 2016

  • October 2016
  • -
  • Business Monitor International
  • -
  • 33 pages

Includes 3 FREE quarterly updates
BMI View:

The outlook for the Philippines' burgeoning tourism industry is broadly positive at present. While the market has a long way to go to catch up with established regional destinations such as Thailand and Indonesia, the Philippines is attracting a growing volume of international visitors and this is boosting tourism-related spending and hotel industry value. The government is highly supportive of the tourism sector and is investing in wide-reaching marketing campaigns, and reducing barriers to entry to encourage further growth. That being said, growth is reliant upon a stable and secure environment and an escalation in political rhetoric and extremist violence could derail the currently positive outlook.

Key Updates And Forecasts

- Several countries have issued travel warnings for parts of the Philippines including Mindanao and the Sulu archipelago following the September 2 bomb attack in Davao City which killed 14 people.

- Travel advisories have also been updated to reflect the growing threat in the Philippines (and other countries in the region, such as Singapore) from the Zika virus. The country reported its first case in early September and since then several more cases have been reported in Iloilo, Cebu and Laguna.

Table Of Contents

Philippines Tourism Report Q4 2016
BMI Industry View 5
Table: Key Forecasts (Philippines 2013-2020) 5
SWOT 7
Industry Forecast 9
Table: Inbound Tourism (Philippines 2013-2020) 13
Table: Tourism Receipts (Philippines 2013-2020) 15
Table: Hotel Accommodation (Philippines 2013-2020) 18
Table: Tourist Departures And Consumption (Philippines 2013-2020) 19
Industry Risk Reward Index 20
Table: Asia Tourism Risk/Reward Index 20
Rewards 21
Risks 21
Market Overview 23
Competitive Landscape 27
Domestic Hotel Groups 27
Table: Domestic Hotel Groups 27
International Hotel Groups 29
Table: International Hotel Groups 29
Methodology 30
Industry Forecast Methodology 30
Risk/Reward Index Methodology 31
Table: Weighting Of Indicators 33

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