Taiwan tourism revenue soars to new high in Q2

08/20/2019 11:07 PM

Taipei, Aug. 20 (CNA) Taiwan's tourism revenue reached a quarterly record of US$3.96 billion in the second quarter of the year, the country's central bank reported Tuesday.

Bank officials attributed the new quarterly high mainly to a large growth in tourist arrivals and an increase in spending by visitors.

Among foreign visitors to Taiwan, Japanese tourists are the biggest spenders, averaging US$219.35 per capita per day, followed by Chinese tourists with US$211.68, the officials said.

In the period April to June, the number of tourist arrivals from China increased 44.2 percent year-on-year, those from Hong Kong/Macau grew 20.4 percent, and those from Japan 14.5 percent, the officials said.

Arrivals from South Korea increased 10 percent, while those from Indonesia, the Philippines and Thailand showed two-digit growth, according to the bank officials.

However, it is feared that China's recent ban on independent visits by residents of 47 cities to Taiwan would adversely affect Taiwan's tourism in the fourth quarter, the central bank officials said.

The bank also released second-quarter data that showed a current account surplus of US$7.56 billion, a US$13.7 billion increase in its financial account assets, and an increase of US$2.45 billion in its reserve account.

(By Flor Wang and Pan Tzi-yu)


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