Posted on 09 June 2011
The Istanbul tourism and property market are set to be boosted by new flight links with Genoa. Turkish Airlines has just launched a new route to the Italian city, flying 3 times weekly (Wednesday, Thursday, and Saturday) from Istanbul Ataturk (IST), with an additional flight to be added from June 27th. This is now Turkish Airlines 5th Italian flight link, as it already ran regular flights to Rome, Milan, Venice and Bologna.
Istanbul’s popularity as a tourism destination has a tendency to be overlooked, a: because of its popularity as a residential investment destination, including new markets like student property investment, and b: because of the obvious reasons for the popularity of destinations on the Aegean and Mediterranean Coasts. But the city tourism market is huge, and Istanbul is one of the world’s most vibrant and culturally intense cities, as was highlighted during its reign as European Capital of Culture in 2010.
The continued increase in traffic to Istanbul’s airports throughout 2010 is another testament to the massive growth in tourism to Istanbul, although obviously a fair share will be because of increased business travel as well. According to Anna.Aero traffic through Istanbul Sabiha Gocken airport grew 70% in 2010 compared to 2009. Such growth has brought many new flight routes to the city in the past 18-24 months, and while this is a testament to growth achieved, it also breeds further growth.
Istanbul recently received a green light for a third airport, because of the massive growth in passengers travelling through its existing ones. This will relieve congestion for both the airlines and the passengers, which should give it an instant boost when it is opened.