Tourism Ascends as Second Top Driver of Philippines' Economic Growth in First Half of 2023

The Department of Tourism (DOT) announced that tourism has become the second driver of economic development for the first half of 2023.

This rise is attributed to the Marcos Administration’s prioritization of the industry, alongside efforts to ease pandemic restrictions. Secretary Christina Garcia Frasco celebrated the robust recovery, emphasizing President Ferdinand Marcos, Jr.’s pro-tourism policies, which helped reinvigorate the industry after it was impacted by the Covid-19 pandemic.

Some of these efforts included the lifting of the mandatory mask mandate, the use of the One Health Pass, and the reintroduction of the Philippines’ cultural assets.

The DOT recorded 3.360 million foreign visitor arrivals, generating Php 285 billion in tourism revenues. Additionally, Philippine Statistics Authority data revealed an increase of 612,000 employees in the Accommodation and Food Services sector from June 2022 to June 2023.

Secretary Frasco expressed commitment to further enhancing tourism and emphasized the sector’s significance in economic resurgence, cultural promotion, and creating equal opportunities for development in the country.