Travel and Tourism in the Philippines - New Market Report Now Available
The modest growth of the global economy due to positive worldwide GDP growth maintained the double digit growth of domestic and inbound tourists and the healthy performance of outbound travellers in 2011. This led to strong value growth of travel and tourism including car rental, health and wellness tourism, tourist attractions, travel accommodation and transportation. The performances, however, were lower than the previous year due to the slower economic activity as a result of the natural...
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