Manila, Jan. 31 -- Travel and tourism had contributed USD91.8 billion to the Philippine economy, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report (EIR).
The Department of Tourism (DOT) on Friday said this report reflected the sector's importance in driving growth and economic resilience in the country.
The report was formally presented by the Asian Development Bank (ADB) in a recent meeting among Southeast Asian tourism ministers in Cebu City.
Tourism, it said, accounted for 19.9 percent of the Philippine economy, placing the country among the most tourism-significant economies in Southeast Asia, with major economies such as Indonesia (USD71.7 billion), Thailand (USD67.3 billion), and Singapore (USD5...
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