Turkish property & economy news
28 July 2022
Germans now the most visitors to Antalya Head of the Antalya City Council Tourism Working Group, Recep Yavuz, has revealed that more than one million German tourists have visited the Turkish resort city of Antalya so far in 2022, surpassing Russian travellers.28 July 2022
Istanbul Airport busiest airport in Europe in June New data released by a European Airport Trade Association has shown that Istanbul Airport welcomed almost six million passengers during the month of June alone, which was more than any other airport in all of Europe.21 June 2022
Turkish Airlines crowned most valuable brand in Turkey According to a renowned London-based independent branded business valuation consultant report released Wednesday, Turkish Airlines (THY) has been awarded the country's most valuable brand in 2022, as it has been for the previous three years.21 June 2022
International arrivals in Turkey increase by 225.6% Foreign arrivals in Turkey have continued to rise in April, according to official figures released as the tourism industry works to recover from the effects of the coronavirus outbreak. According to the Culture and Tourism Ministry, the number of international visitors arriving in April increased by 225.6% year-on-year to 2.57 million.19 June 2022
Istanbul bustling with tourists, harkening back to pre-pandemic days Foreign tourists are pouring into Istanbul, largely for shopping and health tourism, in a boost for the critical industry, which is escaping the 2020-21 coronavirus dip. Visitors to Istanbul, which are usually dominated by the Middle East and Gulf, increased 135% year-on-year to approximately 4 million in April, compared to roughly 4.4 million before coronavirus.19 June 2022
Bodrum banking on 1.5 million tourists arriving this year The famed Turkish resort town of Bodrum wants to attract roughly 1.5 million international tourists this year, surpassing even pre-COVID-19 levels, according to its mayor. The city, which is located on the Aegean coast in Mugla province, had received 1.3 million foreign visitors before arrivals plummeted to just 530,000 in the middle of the outbreak in 2020.11 June 2022
Turkey's travel and tourism GDP expected to expand by 5.5% According to a study from an industry association, Turkey's travel and tourist GDP is expected to expand by 5.5% annually over the next decade. The World Travel and Tourism Council (WTTC) predicted that the sector's contribution to the country's GDP might reach almost 1.04 trillion TL (117 billion USD) by 2032, accounting for 11% of the whole economy.11 June 2022
Turkish Airlines transports 24 million passengers through May Turkish Airlines (THY) has reported on Thursday that it carried a total of 24 million passengers in the first five months of 2022, surpassing pre-pandemic levels in Turkey. During the five-month period of January to May, the load factor was 73.5%, with 72.5% for international trips and 82.8% for local routes around Turkey.11 June 2022
Cappadocia attracts 1 million people in just five months According to estimates, 1 million tourists visited Turkey's picturesque Cappadocia region in the central Nevsehir province in the first five months of this year. The touristic hub, known for its characteristic fairy chimneys, underground cities, cave hotels, and hot air balloon excursions, attracted a total of 1.03 million domestic and international tourists.06 June 2022
Turkey's "new normal" begins without masks Masks are gradually being removed from people's faces after President Recep Tayyip Erdogan announced the end of mandatory mask wearing in Turkey due to a decrease in COVID-19 pandemic cases.06 June 2022
Turkish property sales hit an all-time high in March Residential property sales in Turkey continued to rise in March, reaching their highest level ever, according to figures released, aided by a surge in international buyer interest. The Turkish Statistical Institute (TurkStat) reported that house sales increased by 20.6 percent year-on-year to 134,170 units in March, the highest March result to date.02 June 2022
25 million people visit Istanbul's Grand Camlica Mosque Since its debut three years ago in Turkey's largest city Istanbul, the Grand Mosque of Camlica has welcomed 25 million visitors. The mosque is Turkey's most contemporary complex, containing an art gallery, library, conference hall, art workshop, and the newly opened Museum of Islamic Civilizations, in addition to being a grand place of prayer.
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