Philippines to Start Tax Refunds for Tourists

• Singapore hotels’ average room rate was up 27.7% in December 2022 from a year ago to a new 14 year high of S$285.84.
• Philippines President Ferdinand Marcos has approved a value-added tax refund program for foreign tourists by 2024 to attract more visitors.
• The first Hilton hotel in Japan’s Hokuriku region has opened. The DoubleTree by Hilton Toyama is located within a three-minute walk of Toyama Station.

Singapore hotels’ average room rate was up 27.7% in December 2022 from a year ago to a new 14 year high of S$285.84. Tourist arrivals rose to 931,337, the highest since the onset of the pandemic.  Philippines President Ferdinand Marcos has approved a value-added tax refund program for foreign tourists by 2024 to attract more visitors. The government collects […]