![]() ![]() Global Travel TrendsSenior Citizens and Women will travel more. Top 14 Destinations in The Philippines 2009 1. Directly employing 3.2 million Filipinos today. Importance of Tourism in the Philippine Economy Today Partly because of investments in tourism destinations, construction sector grew by 23.1 % making it a big factor in the record economic growth in 2007 Employs 9.7% of total employment. Importance of Tourism in the Philippine Economy Today Foreign Tourism Receipts to GDP ratio grew from 1.9% in 2003 to 3.4% in 2007 Foreign Tourism Receipts to Total Exports Ratio more than doubled from 3.9% in 2003 to 7.9% in 2007Source: Republic of the Philippines NATIONAL STATISTICAL COORDINATION BOARD General Global Travel Trends Tourism Product Trends Presentation Outline Philippine Tourism Overview ![]() ![]() Trends & Prospects in the Tourism IndustrySource: ![]()
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