PH Hotel Industry Strategic Action Plan 2023-2028 launched

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00:00Investments in infrastructure are key as government preps for a rejuvenated tourism and industry

00:05with a workforce of close to one and a half million right now.

00:09Infrastructure that covers more accommodation structures

00:12and pathways leading to popular tourist sites and destinations.

00:16All part of the local hotel industry strategic action plan

00:20that Arod Lagusan threshes out in this report.

00:25The Department of Tourism is bolstering the hotel industry which is a major part

00:29of the tourism sector. With this, the department in collaboration with the

00:32Philippine Hotel Owners Association Incorporated has launched the Philippine

00:36Hotel Industry Strategic Action Plan 2023 to 2028.

00:40According to Tourism Secretary Christina Frasco, by 2028,

00:43the demand for accommodation is expected to reach 456,000 rooms.

00:47Frasco emphasized the need to keep pace with this demand,

00:50highlighting the importance of investments.

00:52The secretary noted that now is the time to expand the building capacity.

00:55Under the current CREATE law, there are incentives for investors,

00:58particularly for tourism-related infrastructure investments,

01:02with DOT's attached agency, TEZA, overseeing this.

01:05TEZA is able to offer investment incentives that include a lower corporate income tax,

01:12exemptions on importation duties that are related to the tourism investment,

01:17as well as certain amnesty.

01:20This to attract more investors into the country.

01:22She added that following the latest sectoral meeting with the president,

01:25the DOT presented POWA's desire for the reclassification of tourism-related investments.

01:31We presented this to the president and he received it quite positively.

01:35So we're hopeful that with the improvement in the tiering,

01:40that there will be a longer time for the income tax holiday for tourism-related investment.

01:48The department is also focused on improving access to tourist destinations,

01:51as the tourism department pushes for its funding,

01:54as it's not included in the proposed budget of the DPWH.

01:57I believe that we are making headway.

02:02And I'm optimistic that with the help of both houses of Congress,

02:11as well as our president's continued articulation that tourism is a priority.

02:20I think that all of us are aligned in a sense that we recognize

02:26that investing in tourism is investing in the Filipino people.

02:30According to DOT's accommodation capacity survey,

02:33there are over 335,000 rooms in the country.

02:36The plan is for the industry to have a roadmap in the years to come.

02:43In other words, this roadmap obviously should not end in 2028.

02:48We have to always remember that we're not competing among ourselves.

02:56We have to look at what the competitors are offering.

02:59And this is where benchmarking comes in.

03:02DOT data show approximately 1.45 million people are employed in the accommodation industry,

03:07which is significantly contributing to job creation for Filipinos.

03:11Rod Laguzad, from the National TV Network, for a new and better Philippines.

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