Philippines 2024: 5.9 Million International Arrivals — Manila, Cebu, Boracay, and Palawan Hotel Market Analysis
The Philippines recorded 5.9 million international arrivals in 2024 — the slowest recovery in Southeast Asia at 72% of 2019 levels. South Korea (1.52M) and the USA (1.02M) are the dominant source markets. This report analyses Boracay's post-closure regulatory premium, Manila's gaming tourism bifurcation, and Palawan's extraordinary scarcity-premium investment case.
· HotelInsight Research · Market Intelligence