The total number of inbound visitors for January and February 2011 reached 668,625, amounting to a growth of 17.88 percent compared to the arrivals for the same period in 2010. This feat may be attributed to the growing confidence of the international market on the Aquino Administration.
In the first two months, Korea maintained its position as the biggest and top-source market with 165,868 arrivals, with a share of 24.81 percent to the total visitor traffic, and a growth rate of 35.22 percent vis-Ã -vis the previous year.
This market is followed by the US with a 17.05-percent share, with 114,022 arrivals, Japan with a 9.83-percent share (65,755), China with a 5.77-percent share (38,590), and Taiwan with a 4.26-percent share (28,461). Combined arrivals from these top-source markets constituted 61.72 percent of the total inbound traffic.
India, Russia, Australia, and Canada were the fastest growing markets during the period, with 74, 36, 22, and a 21-percent increase in visitor arrivals compared to 2010.
European markets, on the other hand, accounted for 11.08 percent of the total visitor traffic, with 74,073 arrivals, with the United Kingdom posting at 8.48-percent growth and Germany with a 4.67-percent increase in arrivals. The Scandinavian markets showed double-digit growth, while arrivals from France modestly increased by 4.67 percent.
The ASEAN market expanded by 13.70 percent (49,634 arrivals) with Malaysia and Singapore registering 20 and 16 percent growth rates, respectively. The ASEAN market accounted for 7.42 percent of the total visitor arrivals during the first two months of 2011.
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