Turkey’s tourism revenue expected to grow $30 million in 2018

Published on : Thursday, November 9, 2017

turkNuman Kurtulmus, Turkey’s tourism minister said that the country’s tourism sector is expected to grow to$30 billion in 2018 due to the new incentives for tour operators and the rising visitor numbers.

 

 

In 2016 it was noticed that due to the increase in  security fears following an attempted coup and a series of militant attacks Turkey’s revenue was slashed to $22.11 billion from 431.46 billion in 2015.

 

 

Following an improvement in relation between Moscow and Ankara the numbers turned around and the data for the third quarter of 2017 showed a rebound of around 40 percent year-on-year.

 

The minister expected 31.4 million visitors this year and a revenue of $26 billion, by 2018 this would rise to 37 million to 38 million visitors garnering revenue of $30 billion.

 

In 2017 Turkey’s finance ministry predicted that tourism would generate $20 billion of revenue.

 

Later this month the cabinet was expected to sign off on proposed new incentives to tour operators that offered them $9,000 for every planeload of tourists they brought to the country depending on the season.

 

Turkey will revive its cruise travel that suffered due to security concerns leading a number of operators to cancel trips in recent years.Turkey will also turn into a greater health and sports tourism destination.

 

 

He further said that talks were on with other countries around the Mediterranean to come up with packages that will attract Westerners and visitors from the U.S.

 

Turkey was also trying to attract visitors from Asia and the Far East countries like China, India, Japan, Korea, Indonesia and Malaysia.

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