Tourism sector bent on recovering from pandemic losses
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Tourism sector bent on recovering from pandemic losses

Bulabog Beach, Boracay (Photo courtesy of Malay Tourism)

MANILA – Accurate data can help the tourism industry recover from the coronavirus disease 2019 (Covid-19) pandemic, as the Philippine Statistics Authority (PSA) reported a big decline in receipts last year.

The PSA’s 2020 Philippine Tourism Satellite Accounts (PTSA) reported that inbound tourism (non-resident visitors) earned PHP132.59 billion in 2020, lower by 77.9 percent compared to the previous year’s PHP600.08 billion.

“The inbound tourism expenditure went down in 2020 from its 34.7 percent increase in 2019,” the report read.

The PTSA report noted that all industries in the inbound tourism sector suffered a decline in 2020, with the “miscellaneous”…

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