The impressive ranking of the Philippines as the world’s fourth fastest growing economy in 2021 was one of the topics that opened the discussions at the recently concluded Routes Asia 2022 held at the Da Nang International Exhibition Fair Centre, Vietnam last week.
“Despite the travel restrictions caused by COVID-19, Philippine tourism saw some significant recovery contributing 10.4 percent to GDP in 2021 – thanks to our people-centered initiatives which aimed, first and foremost, to keep our tourism workers safe and sustain our MSMEs,” Department of Tourism (DOT) Undersecretary Woodrow C. Maquiling, Jr. said during the Routes Asia “Panel Trends Discussion: Tourism Rebound – Future Travel” quoting the World Travel & Tourism Council’s latest Economic Impact Report.
The tourism undersecretary led the 14-man delegation from the Philippines namely Clark International Airport Corporation and Luzon International Premier Airport Development (LIPAD) Corporation’s Chief Executive Officer Bi Yong Chungunco; Civil Aviation Authority of the Philippines (CAAP)’s OIC-Corporate Planning Office, Marco Antonio Javier; Mactan Cebu International Airport Authority (MCIAA)’s Business Development Specialist Roland Gabby Acosta; Philippine Airlines’ VP for Network Planning Christoph Gaertner, AVP for Network and Fleet Planning Bryan Ang; GMR Megawide Cebu Airport Corporation’s (GMCAC) Head for Airlines Marketing and Tourism Development Aines Librodo; and Cebu Pacific’s Network Management Manager Margaret Gelsana.
Speaking before senior decision-makers from leading regional carriers, representatives from trade associations, airline boards of directors, airports, and government ministries, the Undersecretary opened the discussions tackling the DOT’s calculated strategies that included its massive vaccination of tourism workers, investment in human capital, and provision of soft loans to small business players as key to the industry’s remarkable recovery.
He said, “It is essential that we recover in tourism because it translates to national recovery. With direct, indirect and induced effects, we have achieved as much as 22.5 percent of tourism’s contribution to the country’s GDP pre-pandemic,” referring to the tourism sector’s contribution of US$92.6 billion to the nation’s economy before COVID-19.
Source – Breaking Travel News