Philippine tourists prefer shopping

Philippine tourists prefer shopping

 

Shopping is a top pastime for tourists in the Philippines, accounting for 22% of tourism direct gross value added to total gross domestic product.

The recently released National Statistical Coordination Board’s (NSCB) report on the Philippine Tourism Satellite Account revealed some PHP 35.49 billion ($0.9bn) was spent on shopping alone in 2011, a rise from PHP 30.89 billion ($0.75bn) in 2010.

Apart from shopping, foreigners spent some PHP 31.84bn ($0.77bn) on food and beverage, and PHP 30.44bn ($0.74bn) on accommodation in 2011.

Inbound tourism expenditure posted a double-digit growth of 13.9% in 2011, amounting to PHP 124.5bn ($3.03bn) from PHP 109.2bn ($2.66bn) in 2010.

The share of tourism employment to total employment in the country rose slightly to 10.3% from 2011’s 10.2%.