THE Covid-19 (coronavirus disease 2019) pandemic plunged the Philippine economy into a recession. However, after several months of community quarantine, the country started to slowly reopen, thereby driving economic recovery, particularly through tourism.
Tourism was one of the country’s hardest-hit industries as its revenue dropped by 72 percent in the first seven months of the year. Despite this situation, the Department of Tourism believes its recovery can also help the economy regain its losses since it contributed 12.7 percent of the country’s Gross Domestic Product and 5.71 million to employment in 2019, according to a Philippines Statistics Authority report.
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