Philippines: hotels market revenue 2018-2027

The revenue in the 'Hotels' segment of the travel & tourism market in the Philippines was forecast to continuously increase between 2023 and 2027 by in total 501.6 million U.S. dollars (+28.62 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 2.3 billion U.S. dollars and therefore a new peak in 2027.

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Revenue of the hotels market in the Philippines from 2018 to 2027 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Hotels market includes hotels and professionally-run guest houses. These accommodations can be booked directly via the providers website, through a tour operator, a travel agency, an online travel agency (OTA), or by telephone. Well-known providers are Hotels.com, trivago, and Booking.com. The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. Users represent all hotel guests. The scope includes domestic and outbound travel.

Private accommodation and holiday flats, as well as private room and accommodation rentals that are booked via portals such as Airbnb are not included.

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