Turkey Tourism Report - Business Monitor International - Industry Reports

Turkey Tourism Report

Turkey Tourism Report - Business Monitor International - Industry Reports
Turkey Tourism Report
Published Jul 02, 2016
29 pages — Published Jul 02, 2016
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Abstract:

Total inbound arrivals are set to grow by -.- between ---- and ----, reaching --.-mn. This is lower than previous forecasts, illuminating the damaging effect of recent terrorist attacks in the country. ...This represents a growth of --.- from ----, and can be part attributed by the opening of new airports. In February ---- the Turkish Prime Minister, Ahmet Davutoglu, announced that his government would be giving strong support to the tourism sector. This support includes a grant of USD--mn and allowances for tourism firms to restructure their debts. ...It is hoped this strategy will significantly boost inbound tourism from these countries. Turkey has failed to meet a deadline to allow visa free travel into the EU. -- conditions for border security and fundamental rights had to be met for the scheme to go ahead, but there has been issues delivering change around areas such as anti-terrorism legislation.

...Turkey s tourism industry has been important to the country over the last few years, and has been a major export in the past. However, internal political strife and terrorism concerns combined with turmoil in neighbouring countries such as Syria meant inbound arrivals declined in ---- by -.- , which will not be recovered in ---- as arrivals will again decline, this time by -.- as the troubles in the region intensify. ...Turkey s tourism industry has been important to the country over the last few years, and has been a major export in the past. However, internal political strife and terrorism concerns combined with turmoil in neighbouring countries such as Syria meant inbound arrivals declined in ---- by -.- , which will not be recovered in ---- as arrivals will again decline, this time by -.- as the troubles in the region intensify. The image of Turkey as a tourist destination has been somewhat marred by terrorist attacks in the country, and the South East in particular is an area of major concern (although attacks have spread to the capital as well). ...The government has previously been a strong supporter of the tourism industry, and launched the Turkey Home campaign in order to try and market the country in key source markets. Cheap short-haul flights across Europe due to high levels of competition in the airline industry would also make Turkey more accessible, but overall the positives are heavily outweighed by security concerns in terms of long-term

...Turkey has a somewhat diversified mix of source markets, but --.- of all inbound arrivals are from Europe. This leaves the country vulnerable to economic downturns on the continent (as evidenced by the drop in Russian tourists in ---- following the oil price drop and political tensions between Russia and Turkey). ...

  
Source:
Document ID
1747-9045
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Turkey Tourism Report" Jul 02, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Tourism-Report-2026-562>
  
APA:
Business Monitor International - Industry Reports. (2016). Turkey Tourism Report Jul 02, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Tourism-Report-2026-562>
  
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