The Philippines experienced one of the world’s longest lockdowns during 2020, which led to the country recording one of the steepest declines in terms of tourism flows. After the implementation of a lockdown in March 2020, travel witnessed a gradual rebound towards Q4 when the government allowed the entry of returning Filipinos in time for Christmas.
Having plunged by more than a quarter during 2020 due to COVID-19 restrictions and the economic shock that they engendered, airline passenger traffic (million passenger-kilometres) recovered only partially during 2021 and 2022. Local airlines responded to the easing of travel restrictions in 2022 by re-opening many of the routes they had ceased to operate on in 2020.
The rebound in demand for lodging during 2022 was mainly driven by local consumers, with most bookings at the weekend. According to industry sources, this was driven in part by “revenge travel” after two years of significant disruption due to the pandemic.
Booking constant value sales (2022 prices) plunged by two-thirds in 2020 due to COVID-19 restrictions and continued to decline during 2021 – albeit at a much more modest rate. Booking retail constant value sales more than doubled during the year due to the easing of COVID-19 restrictions, but they remained well below their pre-pandemic peak.
Both inbound arrivals and domestic travel will continue to expand throughout the forecast period, with the latter returning to pre-pandemic levels in constant value sales terms as soon as 2023. Inbound arrivals will be slower to recover.
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Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.See All of Our Definitions
This report originates from Passport, our Travel research and analysis database.
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