MANILA, Philippines — It’s a good time to travel nowadays as air fares have been slashed by as much as 50 percent while room rates are down by 10 percent.
Philippine Travel Agents Association (PTAA) vice president John Paul Cabalza said air fares have gone down by more than 50 percent to encourage more people to take a trip.
“There are some airlines that offer airfares for as low as P1,500 roundtrip for Palawan or Boracay,” he said.
Room rates have also gone down by 10 percent, still in an attempt to prop up domestic tourism to offset the slack in international tourism.
Because of the slowdown in the global economy, the government said tourism will have a negative growth or a flat growth at best. [Read full article...]