MANILA, Philippines — The Philippines lost around P400 billion in income in 2020 after foreign tourist arrivals plunged amid the coronavirus pandemic, the Department of Tourism (DOT) reported Wednesday.
During the hearing of the House committee on Northern Luzon quadrangle on the status of the tourism sector in the region, DOT OIC-Undersecretary Roberto Alabado said that the country only had 1.3 million foreign tourism arrivals last year, way lower than the 8.3 million foreign visitors recorded in 2019.
“This is a very big blow for us. We actually approximately lost around P400 billion in income because of the missing foreign tourists,” Alabado said, adding that the decline i…
Keep on reading: PH lost P400B income in 2020 due to slide in foreign arrivals amid pandemic