Holiday Season Insights: Filipinos Opt for Travel and Digital Payments

The holiday season has commenced for Filipinos, igniting a fervor for shopping, travel, and festive gatherings.

This peak period sees many prioritizing experience-driven adventures, with Singapore, Hong Kong, and Japan topping their destination lists.

Visa’s Green Shoots Radar survey reveals that 32% of respondents plan domestic trips, while 23% opt for international travel.

A remarkable 80% of travelers seek relaxation, with 43% yearning for new experiences.

Sightseeing remains paramount, with 82% prioritizing it alongside local cuisine and shopping, each at 67%.

Singapore continues to shine as a favorite, attracting 38% of travelers with its vibrant urban attractions and cultural richness.

Hong Kong follows closely at 31%, appealing to those who relish the blend of shopping and festive cheer.

Japan captivates 30% of Filipino tourists with its breathtaking landscapes and rich heritage.

Inbound tourism is flourishing, with the Philippines welcoming 3.66 million international visitors from January to August 2024—a notable rise of over 10%.

Visa’s Country Manager Jeff Navarro emphasizes the importance of seamless digital payment methods in enhancing the travel experience.

The survey reveals a significant shift toward contactless payments, with 66% preferring mobile wallets and tap-to-pay cards.

Despite this trend, 71% still carry cash as a backup in areas lacking digital infrastructure.

As the holiday season unfolds, evolving Filipino travel reflects a desire for memorable experiences alongside modern payment solutions.