Philippines seen to lose P42.9B in tourism revenues due to coronavirus

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P42.9 billion is the projected revenue loss for February to April 2020, according to Tourism Secretary Bernadette Puyat. nCoV coronavirus

"P42.9 billion, it's going to be for February, March, and April," Puyat said, explaining that it was computed based on the past 3 years' data.

When it comes to flights, Puyat, citing Civil Aeronautics Board data, said 465 flights have been canceled as of Tuesday, February 11, totaling 101,452 seats. Before the travel ban was enforced, the Department of Tourism had projected a total of 795,250 visitors from China, Hong Kong, Macau, and Taiwan from February to April. This is less than 10% of the 9.2 million tourist arrivals targeted for the entire 2020.

 

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