The tourism sector aims to generate P7 billion in visitor arrival receipts over the next three years from the luxury segment, a local group of luxury destinations provider said Thursday.
S8 Exhibition Inc. is staging the second Asia Premium Travel Mart, a venue for buyers and sellers that promote premium inbound tourism in June 2016.
“When we say luxury, it is at the very least premium, since we also have what we call the ultra premium. We promote prime destinations in the Philippines to travelers who have the capacity to spend at least P70,000 per capita for an average stay of two weeks,” S8 and APTM president Fe Abling Yu said in a news briefing.
Most tourists spent an average of P53,000 per capita, per trip last year. ATPM is targeting visitors that can spend 200 percent more the average spending.
The travel mart expects to improve luxury traveler arrivals by 15 percent to over 100,000 in three years from 10,000 in 2015.