Inbound tourism receipts dropped 83 percent last year as the government banned international travel due to COVID-19, the Department of Tourism reported.
Tourism Secretary Bernadette Romulo-Puyat said total receipts generated from inbound tourism reached 81 billion pesos last year, a sharp decline from 482 billion pesos in 2019.
International tourism receipts consist of spending of foreign visitors, including payments to air carriers, for goods and services received in the country.
Similarly, foreign visitor arrivals declined 84 percent to 1.3 million in 2020 from 8.2 million arrivals in 2019.
Under the National Tourism Development Plan for 2016 to 2022, the Philippines was targeting inbound tourism revenue of 661 billion pesos and foreign visitor arrivals of 9.2 million for 2020.
Data from the United Nations World Tourism Organization showed global international arrivals plunged 72 percent to 900 million.