Philippines disputes findings of Return on Tourism Impact report

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The Philippine Department of Tourism (DOT) disputed a coverage report which claimed the nation had Southeast Asia’s lowest tourism returns on funding (ROIs).

In an announcement launched on Monday, eighth September, the DOT known as out native journalist Eric Jurado who penned the report, declaring his evaluation flawed, deceptive, and dangerous to the nation’s picture abroad.

The report which was carried by native publications Esquire Philippines and BusinessMirror makes use of what is basically a speculative metric known as Return on Tourism Impact which isn’t recognised by international journey and tourism businesses equivalent to UN Tourism, the World Travel & Tourism Council (WTTC), and the World Economic Forum (WEF.)

Gross misrepresentation

Furthermore, the DOT declared that the article grossly misrepresents the efficiency of the Philippine tourism sector, basically undermining the efforts of those that earn their livelihood from it or companies associated to journey and hospitality.

Per the DOT’s assertion: “To malign this sector with baseless rankings is not just inaccurate: it is harmful. It is imperative that we correct the misrepresentation because it sends the wrong signal to investors, partners, and travelers at a time when the Philippines is competing fiercely in Southeast Asia for market share.”

According to the Philippine Statistics Authority’s (PSA) Tourism Satellite Accounts, the nation’s tourism sector contributed PHP2.35 trillion in direct gross worth in 2024.

This exhibits a rise of round 11.2 p.c from 2023 and makes up 8.9 p.c of the Philippines’ gross home product (GDP).

The Philippine tourism sector likewise earned US$12.25 billion in worldwide customer receipts and US$67.54 billion in mixed home and overseas tourism spending; thus sustaining 6.75 million direct jobs and offering oblique livelihoods to as much as 16 million residents.

The PSA’s information on Tourism Gross Fixed Capital Formation additionally exhibits that the whole worth of tourism-related investments previously 12 months is round US$10.32 billion.

The DOT declared: “Tourism is therefore a high-yield engine of jobs, livelihoods, and national growth [and] not the laggard the report portrays.”

A bone of competition

One key level of competition was Jurado’s methodology which led to the comparability between a cumulative multi-year funding determine of US$23 billion with a single-year tourism income estimate of US$13 billion.

The DOTalso known as out Jurado’s exclusion of the nation’s earnings from home tourism

It additionally flagged the exclusion of home tourism, which alone generated US$54.24 billion in 2024.

This exclusion basically understated the DOT’s precise returns for 2024, thus distorting the calculation for an ROI.

The division concluded by saying: “Tourism is a force for good, a source of pride, hope, and livelihood for our people. Attempts to erase these achievements with fabricated or distorted numbers affect the millions of Filipinos whose lives depend on this industry. The Filipino people deserve better.” 

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