Negosyante News

November 5, 2024 4:39 pm

Boracay Breaks Records: Surpasses 2 Million Tourist Mark in 2023 Amidst Tourism Shifts

Boracay Island, a renowned tourist destination in the Philippines, has seen a remarkable influx of visitors in 2023, exceeding the anticipated numbers. The island recorded over 2 million tourist arrivals from January to December, surpassing the initial target of 1.8 million for the year. This surge in tourism is a significant rebound, especially considering the various challenges faced by the local tourism sector, including stringent regulations, high taxes, and competition from other Philippine destinations.

The majority of these tourists were domestic travelers, indicating a shift in the island’s visitor demographics. Prior to the pandemic, Boracay largely attracted international guests, but the trend has shifted with a higher proportion of local visitors. From January to June alone, the island welcomed 1,040,847 arrivals, including 199,098 foreign visitors, 816,426 local tourists, and 25,323 overseas Filipino workers. The increase in domestic tourism can be attributed to limited direct international flights, with only one each from China and Korea.

Despite the decline in foreign tourists, Boracay’s peak tourist period was noted in July, with 207,696 arrivals, followed by May, with 207,512 tourists. East Asians – specifically from South Korea, Japan, mainland China, Hong Kong, and Taiwan – were the top foreign visitors. However, the number of tourists from these countries was significantly lower than in previous years, with only 116,906 arrivals from January to June. Tourists from North America and Europe followed but in much smaller numbers.

Interestingly, the peak tourist period for Boracay in 2023 was unusual, as the island historically experienced its highest number of arrivals from October to May of the succeeding year. The reduced number of foreign visitors and the shift towards domestic tourism have implications for the island’s economic yield, as noted by the former Malay tourism chief, Gil Delos Santos. He pointed out that the decline in high-spending, long-staying foreign tourists and the rise of low-spending, short-staying visitors have impacted the island’s tourism revenue.

This shift in Boracay’s tourist demographics and the challenges faced by the local tourism sector highlight the evolving landscape of travel and tourism in the Philippines post-pandemic. As Boracay continues to adapt to these changes, it remains a significant contributor to the country’s tourism industry​​​​​​.

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