Tourist arrivals went down by almost 20 percent in Boracay

The Number of tourists who spent the holiday season on Boracay Island, one of the country’s foremost destination spots, has declined due to global economic meltdown.

Reports said the tourist arrivals went down by almost 20 percent. In the previous years, resort owners said all their rooms would have been booked during the holidays. When the financial crisis hit big economies like the US and Europe, they lamented a noticeable decline in the reservations.

Resort owners specifically pointed out a significant drop in the number of European tourists. There are more than 300 hotels and apartelles in Boracay, which is famous for its white-sand beach. They added that they are still lucky because local tourists still continue to flock Boracay despite the hard times.

Meanwhile, they are optimistic that tourist arrivals will surge again during summer. They added that Russian investments in Boracay might also attract more visitors, particularly from Europe.