Turkish property & economy news
10 February 2023
Europe’s busiest airport in 2022: Istanbul Airport According to data released by the European Air Navigation Safety Organisation (Eurocontrol), the busiest airport in Europe for the last year was Istanbul Airport. Istanbul Airport had an average of 1,156 flights each day of the year 2022, the data explained.10 February 2023
Integration of new metro welcomed in Istanbul With officials in attendance from the Istanbul Metropolitan Municipality (IBB), part of the new metro route comprising of 19 stations, which will act as a connection between the neighbourhoods of Mahmutbey and Kabatas in Istanbul, has been inaugurated and opened into the transportation system.03 February 2023
Foreign arrivals to Turkey continue to increase The Culture and Tourism Ministry have revealed that the arrivals of foreign nationals to Turkey has risen by 44.64% compared to a year previous, with a total of 2.55 million visitors in November 2022. This has been backed by a huge demand from European countries.03 February 2023
Over 30,000 passengers arrive to Antalya by cruise Antalya, the popular Mediterranean province in Turkey has played host to more than 30,000 passengers from cruises this season alone, the port operator explained recently. Docking at Antalya last year were some of the huge luxury cruise liners from across the globe.04 January 2023
European tourism recovery driven by Turkey: Report The tourism sector of Turkey has shown the most significant recovery post-pandemic of all the European countries with an increase of 61% compared with 2019. This is according to the European Travel Commission’s (ETC) November report.04 January 2023
New vibrant space in Istanbul for international talent startups The Islamic Cooperation Youth Forum (ICYF), with full support from the Investment Office within the Presidency of Turkey, announced that it was officially launching its International Incubation Center. The headquarters for this new Center will be headquartered from the Turkish metropolitan area of Istanbul.04 January 2023
Foreign arrivals in Turkey jumps 38% Official data has shown that the number of foreign visitors arriving to Turkey has increased from the year previous by 38.4% in October. This shows a sustained recovery. In October alone, around 4.8 million tourists arrived in the country, according to the Culture and Tourism Ministry. This is compared to the 3.47 million which arrived in October 2021.01 January 2023
Visa-free travel proposed between Turkey and India Tourism has increased between India and Turkey, and there is still plenty of potential for growth across tourism and other sectors. This is according to a top Indian expert speaking on the travel and tourism sectors. Jyoti Mayal, said that the two countries, India and Turkey should develop a way of promoting tourism through visa-free travel.01 January 2023
Influx in Istanbul tourism helps to wash away COVID Venues across Istanbul have continued to be swarming with holidaymakers from abroad, with the influx of visitors helping to wash away any traces from the COVID-19 pandemic effect. This has been driven by arrivals flooding in from Russia, with the number of foreigners flocking to the city of Istanbul in October alone, jumping 37% to 1.58 million year-on-year.01 January 2023
Plans for Ankara to Istanbul train in 80 minutes The new High-Speed Train (YHT) that is currently running between Istanbul and Ankara has a maximum speed of 250kph (155mph), but this will increase to 350kph with the new improved line – making it faster than air travel. The journey between the two major cities currently takes around 5 hours, but this will be reduced to just 80 minutes with the new line.29 November 2022
In 9 months, Turkish start-ups take nearly $1.5B Between January and September of 2022, a number of Turkish start-ups have continued to secure investors’ backing that has enabled them to raise $1.49 billion. Within the first nine months, data from the industry has shown that the Turkish start-up ecosystem has managed to attain record numbers of VC.29 November 2022
As European prices soar, tourists flood to Turkey Cem Polatoglu, spokesperson for the Travel Operators’ Association said that: “This winter we expect more tourists than in previous years. During the pandemic, people could not go on holiday for a long time. Now that travel restrictions have been lifted, many tourists will feel as though they have ‘broken free from chains.”
Continue with Google
