Turkish property & economy news
25 June 2019
Spanish Hotel Group to invest 112 million USD in Turkey The Spanish Barcelo Hotel Group, one of the biggest hotel chains worldwide have recently announced their plans to invest more than 100 million Euros over the next five years in Turkey, in plans which will give them a 20-hotel stronghold in the Turkish tourism sector.25 June 2019
3.1 million tourists head to Antalya in five months Antalya in Turkey welcomed visitors from 174 countries, which equates to 1.7 million tourists in the month of May according to new data. In the first five months of the year, the number of foreign tourists was up to 19% to 3.1 million in total.23 June 2019
Erdogan, out: Istanbul's firm NO vote in mayoralty poll When Istanbul went to the polls today to vote for a mayor they voted directly against the Turkish president. City dwellers stayed home to cast their votes, a rerun of the mayoralty vote held in March that was declared illegal by President Recep Tayyip Erdogan. The vote represents the coming of change for Istanbul and Turkey.17 June 2019
Turkey looks to welcome 500,000 tourists from China in 2019 Last year Turkey welcomed almost 400,000 visitors from China. Flights from Turkish and Chinese cities have been steadily increasing thanks to the ongoing promotion between the two countries, and the real target for Turkey is to welcome over half a million Chinese tourists in 2019.17 June 2019
New Istanbul Airport currently serving 66 different airlines The new Istanbul Airport is not only the largest transportation project in Turkey, it is also in the running to be a global aviation hub, having begun fully serving passengers from all areas of the world starting from April.13 June 2019
Ramadan beats all expectations to boost Turkish economy by $2bn The nine-day Ramadan holiday helped boost the Turkish economy, with domestic and international tourists spending an impressive US$2bn. Tour operators and businesses connected to the tourism industry were happy with the increased spend, which surpassed previous years, thanks to the extension of the holiday from three days to nine.12 June 2019
Turkish Airlines offers transit passengers free Istanbul tour Turkish Airlines have announced that they have extended their free tours of the city, now offering tours in the evenings around the Bosporus for those staying between 6 and 24 hours in transit through Istanbul Airport. Abdullah Yormaz, Tour Marketing Manager of Turkish Airlines, made the announcement.11 June 2019
Turkey records best-ever April property sales thanks to foreigners The property market in Turkey has experienced its best ever first quarter sales to foreigners, and the best April ever for housing sales in general according to new data. TurkStat (Turkish Statistical Institute) confirmed that foreigners purchased 3,720 houses in April.05 June 2019
Turkey celebrates Eid, at the mosque and the beach Eid al-Fitr is one of the most significant calendar events in Turkey. During the two-day celebration mosques fill with worshippers, and feasts are held in every home. It's also a time of travel, and one of the most lucrative tourist periods of the year, generating more than US$500 million for the economy.05 June 2019
Record Number of Tourists Travel to Turkey in January and February The Turkish Culture and Tourism Minister announced that during the first two months of 2019, Turkey was visited by more than 3.2 million foreign tourists. Official figures have confirmed that this is a 7.4% rise when compared to the same period last year.05 June 2019
Indian weddings in Turkey expected to increase 300% in 2019 Turkish Culture and Tourism Minister, Mehmet Nuri Esroy has announced that Indian wedding organisers are predicting a massive increase of 300% in the number of Indian celebrations being presided over in Turkey in 2019.30 May 2019
Quarter 1 tourism figures in Antalya up by 25% in 2019 One of the leading tourist destinations in Turkey, Antalya continues to post increasing visitor numbers with a 25% growth of foreign tourists visiting the city in the first three months of 2019, compared to the same period the year before.
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