Philippine tourism most improved

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PHL spotsThe Philippine tourism industry has been named ‘the most improved’ in the Asia-Pacific region, according the World Economic Forum’s Travel and Tourism Competitiveness Report 2013.

The annual report, which surveyed 140 economic in 2013, concluded that tourism in the Philippines has been rapidly lifting itself towards international benchmarks, moving up 12 places, ranking 16th regionally 82nd overall, citing the country’s comparative strengths in natural resources (44th), price competitiveness (22nd) and government spending (15th).

The report forecasts priortisation of tourism in the Philippines will continue to improve, notably with the support of the heavily tourism-oriented Aquino administration.

“In addition, the country has been ensuring that several aspects of its policy rules and regulations regime are conducive to the development of the tourism sector. Among these are better protection of property rights, more openness toward foreign investments, and few visa requirements for foreign visitors (ranked 7),” the report said.

Yet the Philippines still ranks poorly overall and has many issues to address to further boost tourism, including the country’s deplorable doing business reputation, which hinders foreigners through byzantine procedures that absorb a lot of time and money, as well as inadequate transport and telecommunications infrastructure.

The survey named Singapore as having the most competitive tourism industry in the Asia-Pacific region, an economy which grabbed the 10th spot overall, the same position it has held for the past three editions of the report.

Tourists in Singapore benefit from its world-renowned transport and air traffic infrastructure, which the survey ranks 2nd in the region and 14th overall.

Singapore is ranked 1st globally for its policy environment, executing rules and regulations that are seen as highly conducive to growth in the tourism industry.

Switzerland was ranked the most competitive in tourism for the fifth consecutive edition of the report, which cited its excellent ground transportation and human resources, the latter of which was ranked most competitive overall.

 

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Reading Time: 2 minutes

The Philippine tourism industry has been named ‘the most improved’ in the Asia-Pacific region, according the World Economic Forum’s Travel and Tourism Competitiveness Report 2013.

Reading Time: 2 minutes

PHL spotsThe Philippine tourism industry has been named ‘the most improved’ in the Asia-Pacific region, according the World Economic Forum’s Travel and Tourism Competitiveness Report 2013.

The annual report, which surveyed 140 economic in 2013, concluded that tourism in the Philippines has been rapidly lifting itself towards international benchmarks, moving up 12 places, ranking 16th regionally 82nd overall, citing the country’s comparative strengths in natural resources (44th), price competitiveness (22nd) and government spending (15th).

The report forecasts priortisation of tourism in the Philippines will continue to improve, notably with the support of the heavily tourism-oriented Aquino administration.

“In addition, the country has been ensuring that several aspects of its policy rules and regulations regime are conducive to the development of the tourism sector. Among these are better protection of property rights, more openness toward foreign investments, and few visa requirements for foreign visitors (ranked 7),” the report said.

Yet the Philippines still ranks poorly overall and has many issues to address to further boost tourism, including the country’s deplorable doing business reputation, which hinders foreigners through byzantine procedures that absorb a lot of time and money, as well as inadequate transport and telecommunications infrastructure.

The survey named Singapore as having the most competitive tourism industry in the Asia-Pacific region, an economy which grabbed the 10th spot overall, the same position it has held for the past three editions of the report.

Tourists in Singapore benefit from its world-renowned transport and air traffic infrastructure, which the survey ranks 2nd in the region and 14th overall.

Singapore is ranked 1st globally for its policy environment, executing rules and regulations that are seen as highly conducive to growth in the tourism industry.

Switzerland was ranked the most competitive in tourism for the fifth consecutive edition of the report, which cited its excellent ground transportation and human resources, the latter of which was ranked most competitive overall.

 

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