Radiant Insight Announce Addition of
New Report “Travel and Tourism in the Philippines to 2019”
Description
Travel
and Tourism in the Philippines to 2019 provides detailed information on the
Philippines' tourism sector, analyzing market data and providing insights. This
report provides a better understanding of tourism flows, tourist expenditure,
airlines, hotels, car rental, and travel intermediaries industries.
The
report brings together Canadean's research, modeling and analysis expertise in
order to develop uniquely detailed market data. This allows domestic and
foreign companies to identify the market dynamics and to discover which
segments will see growth in the coming years.
Request
Sample Copy of Report- https://www.radiantinsights.com/research/travel-and-tourism-in-the-philippines-to-2019/request-sample?utm_source=Pr&utm_campaign=Nikkhhil
Key Findings
-
The Philippines' travel and tourism sector performed well during the historic
period (2010-2014), with growth recorded in both domestic and international
tourist volumes. The main factor for growth in international tourist inflow was
the Department of Tourism's (DoT) continuous efforts to promote the Philippines
as a key tourist destination in the Asia-Pacific region, particularly following
the natural disasters that hit the country badly during 2013.
-The
DoT launched a new campaign "Visit the Philippines Year 2015",
through its marketing wing Tourism Promotions Board. The campaign was
introduced in 2014 with the objective to attract 8.2 million visitors in 2015.
The DoT is targeting private tourism stakeholders to take part in the campaign
and through these, it wants to attract visitors. An exclusive website
(http://phl2015.itsmorefuninthephilippines.com/) has been developed to
highlight the calendar of events for the entire year.
-The
inclusion of tourism as a major pillar in the Medium Term Philippine
Development Plan (MTPDP) 2004-2010 has given priority to the tourism sector by
promoting the Philippines as a key tourist destination and investment site. The
government revealed The Philippine National Tourism Plan (NTDP) to outline a
strategic framework and provide an action plan to guide the Department of
Tourism (DoT) and other stakeholders to develop tourism sector during
2011-2016. One of the key areas of focus during NTDP 2011-2016 will be to increase
connectivity between the Philippines and its major growth markets such as
China, and increase the capacity of secondary international airports (airports
that are capable of handling international flights but are not designated as
primary international gateways).
-Flying
is the preferred mode of transport in Philippines as the country is an
archipelago consisting of over 7000 islands. Revenues of airlines industry
totaled PHP301.9 billion (US$6.9 billion) in 2014, a decline of -3.9% over the
previous year. The fall was due to a significant decline in the number of
tourists from South Korea, the largest source of inbound tourism to
Philippines, due to safety concerns. On the whole, revenues increased
marginally, at a CAGR of 0.91% during the historic period.
Synopsis
The
report provides detailed market analysis, information, and insights, including:
-Historic
and forecast tourist volumes covering the entire Philippines' Travel and
Tourism sector
-Detailed
analysis of tourist spending patterns in the Philippines for various categories
in the Travel and Tourism sector, such as accommodation, sightseeing and
entertainment, foodservice, transportation, retail, travel intermediaries, and
others
-Detailed
market classification across each category, with analysis using similar metrics
-Detailed
analysis of the airline, hotel, car rental, and travel intermediaries
industries
Reasons To Buy
-Make
strategic business decisions using historic and forecast market data related to
the Philippines' Travel and Tourism sector
-Understand
the demand-side dynamics within the Philippines' Travel and Tourism sector,
along with key market trends and growth opportunities
About Us
Radiant
Insights is a market research and consulting company offering syndicated
research studies, customized reports, and consulting services. Our market
research studies are designed to facilitate strategic decision making, on the
basis of extensive and in-depth quantitative information, supported by
extensive analysis and industry insights. Using a patented and robust research
methodology, we publish exhaustive research reports covering a host of industries
such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a
strong base of analysts, consultants and domain experts, with global experience
helping us deliver excellence in all research projects we undertake
Contact Us
Michelle
Thoras
Corporate
Sales Specialist, USA
Radiant
Insights, Inc
201
Spear Street 1100, Suite 3036, San Francisco, CA 94105, United States
Tel:
1-415-349-0054
Toll
Free: 1-888-928-9744
Mail:
sales@radiantinsights.com
Web:
http://www.radiantinsights.com
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