Philippine Tourism Industry Suffered Heavy Losses

Aug. 23 abduction cases occurred in the Philippines that the country’s international image has been severely tarnished in recent days, quite a number of national and regional visitors canceled travel plans to visit the Philippines. Analysts expect the event will enable the Philippine tourism industry suffered setbacks, and the next 3 months will be back tourists to the Philippines, the Philippine tourism income will be significantly reduced.

The Government issued the “black travel warning”

Hong Kong SAR Government on the 24th of the Philippines issued by the highest levels of black travel advisory to remind people not to travel to the country. According to China Securities Journal’s knowledge, all travel agencies in Hong Kong has started to withdraw the tour in the Philippines, and the cancellation of tours to the Philippines this month. Hong Kong tourism sector in the industry estimate that there will be tragedy for a long time people would not consider travel to the Philippines.

Although the spokesman of the organization, said Filipino maids in Hong Kong, recently received 34 Filipino domestic helpers in Hong Kong for help, said the concern that Hong Kong employers will therefore dismiss them, but employers of domestic helpers in Hong Kong has been Chairman of the Association Luojun Dian said, because the employer did not receive the Filipino Qiu Philippines emotional and fired complaints. Hong Kong Security Bureau is also the first time called on residents not to put the incident targeting Filipino workers in Hong Kong, Hong Kong SAR Chief Executive Donald Tsang also called on all residents to “maintain our people’s dignity”, and calmly handle the event.

Currently about 20 million of Hong Kong’s Filipino domestic helpers. Filipino significant increase in the number of 80-90 began in the last century’s economic take-off period, it has been developed into a Hong Kong labor group can not be ignored. Filipino maids in Hong Kong, the minimum monthly wage is now the HK 3580. In the past three decades, the Philippine economy as including overseas Filipino workers remittances, including substantial growth has been.

In random interviews, most Hong Kong residents reported to China Securities, told reporters that the incident will not shift blame to Filipino domestic helpers, but for short term travel to the Philippines will no longer be considered.

Rapid decline in tourists to the Philippines

Services sector is the main engine of economic growth the Philippines, of which the Philippine tourism industry has created a large number of jobs and income. The hostage incident, many international tours in the Philippines canceled travel plans so that the Philippine tourism industry suffered heavy losses.

Philippine Government to boost tourism as its main policy objectives, in order to help create jobs. Among them, East Asia is the Philippine government’s main tourist tourist objectives. This year from January to April, the number of tourists in this region went to the Philippines accounted for 42% of the total number of visitors. Government of the Philippines on August 26 announced at the end of June in the second fiscal quarter, the gross domestic product (GDP) grew 7.9%, higher than the market expected value of 6.3%, the fastest growth rate for the three years. Government of the Philippines, said the service sector has become the second quarter, an important engine of economic growth in the country.

Philippine Tourism Minister Alberto Forest previously announced the government the next 6 years of tourism development goals, including the annual six million passengers arriving tourists, tourism income of 18.7 billion U.S. dollars to create and provide three million new jobs. He Biaoshi the government will take a series of measures for achieving these goals, including increasing infrastructure construction, improve tourism products Zhi Liang, Zheng He natural, historical and cultural resources, stimulating private investment hotel facilities, for Difangzhengfu marketing efforts to support Yijijiatai Shi Chang and so on. Philippines last year, the number of tourists fell by 3.9%, Ministry of Tourism, visitors will be expected to grow 12% this year, reaching 3.3 million people.

Some analysts have pointed out that the hostage taking incident is likely to undermine the Philippine tourism industry to revitalize the efforts, especially in the lucrative East Asian markets. Last year, the number of tourists in Hong Kong to the Philippines ranked sixth major source of tourism, while the first quarter of this year, came in fourth.

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