The Philippines Rakes in Big Bucks from International Tourists

– DOT in the Philippines reports 8.67 billion USD international tourist earnings in 2023
– 5,450,557 international visitors entered the country, surpassing 4.8 million target
– Republic of Korea, US, Japan, Australia, and China top sources of visitors
– 66% recovery rate for international visitor arrivals from 2019
– 7.7 million international visitor arrival target by 2024
– Tourism contributed 6.2% to GDP in 2022
– Philippines aims to bounce back stronger as top international tourist destination

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