Overview

• Concanaco Servytur projects more than 820 billion pesos in economic impact for the July 16–August 31 vacation period, marking a 5.1% year-on-year increase.
• Spending on lodging is expected to reach 45.6 billion pesos as over 21 million visitors stay in traditional hotels and 27 million choose alternative accommodations.
• A projected 48.3 million tourists will travel this summer, with 77% nationals and 23% international visitors.
• More than 34.8 million students and 2 million teachers entering summer break will activate consumption across over 4.8 million commerce, service and tourism units.
• Hotels, app-based lodging platforms, transport services, restaurants, travel agencies, entertainment venues and local businesses are poised to benefit most from the surge.