Month: December 2015

Phl hotel industry seen to post growth in next 5 yrs

The country’s hotel industry is expected to see a continued growth in the next five years amid the decline in hotel occupancy rates in the first half, according to the latest Market Insight report of Pinnacle Real Estate Consulting Services Inc. The consultancy firm...

A new place in town

EVERYONE WAS IN HIGH SPIRITS AT the grand opening of the B Hotel QC, the fourth property of successful hotel operator The Bellevue Hotels & Resorts (BH&R). With its industrial-chic interiors and well thought-out amenities, the only mid- scale businessman’s...

Tourism earnings as of Oct. rose 8% to P187B

TOURISM receipts rose 8 percent to P187 billion in the first 10 months of 2015, from the P173 billion recorded in the same period last year, according to the Department of Tourism. For October alone, revenues from tourism grew at a faster pace of 21.5 percent to P18...

Number of foreign visitors to Japan tops 19 million

Dec. 23–TOKYO (The Japan News/ANN) — The number of foreign visitors to Japan in 2015 exceeded 19 million as of Saturday, up more than 40 per cent over the annual record set last year, transport minister Keiichi Ishii said Tuesday. The number is expected to...

Industry Performance for Travel and Tourism-October 2015

12/22/2015 Research and Statistics Division, OTPRIM Statistics Article Visitor Receipts. Earnings generated from tourism activities from January to October 2015 grew by 8.24%, aggregating to Php 186.89 billion from the Php 172.66 billion recorded for the same period...