Goods must be physically taken out of the Philippines by the tourist as accompanied baggage within 60 days from the date of purchase.
This figure marks an increase of over P178 million to last year’s participation.
The esteemed award-giving body honors both well-established and emerging leaders in the industry, further underscoring the dynamic landscape of travel and tourism in the region.
This year has proven the resilience of the Philippines’ tourism sector. Over 6.2 million Filipinos are now employed in tourism-related sectors, contributing 8.6 percent to the country’s GDP.
Tourism contributed 8.6 percent to the country’s gross domestic product (GDP), marking the highest growth rate in 24 years.
South Korea retains top spot as the country’s main source of international visitors.