Philippines Q1 tourism revenue dips 35% due to COVID-19
2020-05-03 07:52:56 source：CGTN
May 2, 2020
The Philippines' tourism revenue from foreign arrivals plunged around 35 percent in the first three months of 2020 due to travel restrictions imposed to stop the spread of the novel coronavirus, a Department of Tourism official said on Friday.
Tourism Undersecretary Benito Bengzon said in a televised briefing that the Philippines only generated 85 billion pesos (roughly 1.68 billion U.S. dollars) from foreign arrivals during the first quarter of this year compared to last year's 134 billion pesos (roughly 2.65 billion U.S. dollars).
"Unfortunately, we were hit by this pandemic. Our estimate for the first three months of 2020 is that our revenue from foreign arrivals decreased 35 percent," he said.
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