In Turkey, tourism investments increase in first nine months of this year

Published on : Friday, November 24, 2017

In Turkey,In Turkey, the number of hotels and similar facilities granted with construction licenses in the first nine months of this year rose to 1,132, marking a 43 percent increase from 2015. According to the Turkish Statistical Institute (TurkStat), the number of touristic facilities declined to 822 in 2015, but that number has since increased.

Of the 1,132 facilities that have been granted with a construction between January and September this year, 1,001 were under the private sector, 126 were being constructed with state investments and five were recorded as social investments.

The Union of Chambers and Commodity Exchanges of Turkey’s (TOBB) Tourism Council President Osman Ayık said that it is important to find out in what stages these facilities were at the moment and when they would become operational.

“We expect to host 32 million visitors and post $22 billion in revenue this year. 2015 and 2016 were difficult for the sector. However, we are hopeful that 2018 will be better than this year,” Ayık said.

He said that Turkey’s tourism sector needed serious planning about the locations and facilities to improve the country’s capacity to host tourists.

“It may not be necessary for provinces like Antalya and Istanbul, but more investments should be made in places like Van and Dıyarbakır,” Ayık concluded.


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