Name: Tourism

Icon: /photos/committee/icon/14/icon-tourism.png

Content: <p>The Philippines’ tourism industry is regarded as an important contributor to the generation of foreign exchange earnings, investments, revenue, employment, and overall output growth. The inclusion of tourism as a major pillar in the Medium Term Philippine Development Plan (MTPDP) has given priority to the tourism sector by promoting the Philippines as a premier tourist destination and investment site.</p> <p>7 107 islands including beaches, coral reefs, and mountains, are an asset which can be developed exponentially to increase the share of the growing tourism arrivals to Southeast Asia for the Philippines.</p> <p>In 2015, the Philippines generated international tourism revenue earnings amounting to €4,39 billion, which is 5,92% higher than the previous earnings in 2014. The industry marked another milestone as visitor arrivals surpassed five million arrivals, as the country welcomed more than 5,36 million visitors in 2015.</p> <p>The EU ranks the fourth largest regional source of tourists to the Philippines; it overtook China in 2014 with a record number of 400 000 tourists.</p> <p><a href=";id=19">Click here to download A Brief Overview of the Philippine Tourism Industry »</a></p>

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EPBN is a project co-funded by the EU and implemented by a consortium of European Chambers of Commerce based in the Philippines.

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