Tourism still resilient amid oil crisis, Korean decline - Leechiu
Manila, July 7 -- Philippine tourism remains resilient despite the ongoing energy crisis and a decline in the South Korean market in the first half of the year, with 2026 recording the highest five-month arrivals in the past five years.
In its 1H 2026 Philippine Property Market Report released Tuesday, Leechiu Property Consultants (LPC) said the growth was the highest post-pandemic and is primarily driven by the United States, Japan, Canada, and a notable increase in Chinese arrivals.
Citing data from the Department of Tourism (DOT), LPC said the Philippines recorded 2.74 million in foreign visitors from January to May 2026, up from arrivals recorded in the same period from 2022 to 2024, which ranged from 559,000 to 2.56 million.
In a...
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