TURKEY’S RISING TOURISM FIGURES IMPRESSES INVESTORS

TURKEY’S RISING TOURISM FIGURES IMPRESSES INVESTORS

Turkey has had a successful few months for tourism with both the number of foreign visitors and tourist revenues increasing, according to news agency Reuters.

The number of tourist arrivals in Turkey grew by an impressive 12.43 percent in December 2012, which has resulted in attracting the attention of investors across the globe. The total number of foreign visitors equated to 1.34 million and rose at the fastest pace in fifteen months, according to new figures released from the Ministry of Tourism.

This increase followed on from a successful November that recorded an increase in tourist visitors of 2.21 percent. The results in the final two months of 2012 completed a successful year for tourism in Turkey, which saw 31.78 million tourists visit the country.

Turkey’s tourism income has also experienced promising increases. Revenue from tourism increased by 1.8 percent in the final quarter of 2012 compared to the same period in 2011. Turkey’s total income from tourism in 2012 was $23.4 billion according to data from Turkey’s statistics authority TurkStat.

TurkStat also reported that 77.9 percent of tourism revenues in the final quarter of 2012 came from overseas arrivals whilst 22.1 percent originated from Turkish expatriates. The breakdown of tourism revenues demonstrated that $18.7 billion came from individuals, $4.6 billion originated from package holidays and average individual expenditure increased to $795.

British tourists still remain the largest national group to visit Turkey followed by German tourists who are increasing in numbers year-on-year. The Turkish government is pleased with the tourism figures and expects 2013 to storm 2012’s results.

If you have ever thought of buying a property in Turkey, Rivermead Global are experts in the Aegean areas of Altinkum and Akbuk and we have some amazing properties at even more amazing prices, please click here to view our portfolio.  We also offer £99 inspection trips please click here for more information, or just give us a call.

Source: Reuters, World Bulletin

About the author: Neil Hollingsworth

Neil left school in 1987 and joined the Royal Air Force (RAF) as a Survival Equipment Fitter, travelling round the world with tours in Northern Ireland, Falkland Islands, Cyprus and Iraq to name a few. In 2005 the government cut the armed forces and Neil had the opportunity to take voluntary redundancy, on leaving he went to work for a UK estate agent before moving on and setting up Rivermead Global. If you are looking at buying a property in Egypt or Turkey you have come to the right people.