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Category Archives: Trends

H1 Data on Turkish Tourism Figures Positive

The latest data from the Turkish tourism ministry confirms that revealed by Turkstat several days ago and covered on this blog, but with some interesting facts picked out. According to the ministry while Germany continued its reign as biggest tourism market, with 1.68 million visitors in the first half of...

Posted on 10 August 2010

Turkish Airports See 24% Growth in Passenger Numbers this year

The phenomenal growth in Turkish air travel has continued according to the latest reports. According to the latest data that 44.3 million passengers went through Turkish airports between January and June this year, a 23.7%growth on the same period of last year. This follows the 7.3% year on year growth...

Posted on 05 August 2010

Tourism Growth Accelerating as Year Progresses – Turkstat

The latest release of data from Turkstat shows, not only that tourism is up this year on last year, but, more importantly that tourism revenues have increased by a substantial margin -- this is of course more important, because it has been a major aim of the authorities to attract...

Posted on 31 July 2010

Turkish Air Travel to Russia Up 50% Since last May

A new study by Anna.Aero has revealed 50% growth in air traffic from Turkey into Russia since last May. Turkey is now the second largest country in terms of air traffic into Russian airports the study found. This is a result of massive improvements in accessibility between the two countries....

Posted on 28 May 2010

Turkish Luxury Tourism Sector Starting to Take Root

I just read an excellent article highlighting Turkey’s growing popularity as a luxury tourism destination over the last 2 years. In the article Classic Collection tells how it smashed its sales target (168%) for Turkey in the first year, having only added Turkey to its destinations last year. The article...

Posted on 27 May 2010

Turkish Visa-Free with Syria Deal Opens South to New Trade Expansion

I just read a great article in the Financial Times, highlighting the massive amount of Syrians that are shopping in the Sanko Park shopping mall in Gaziantep, the first stop for high end shopping that they come to after crossing into Turkey through its southern border. According to the article,...

Posted on 22 May 2010

Turkish Tourism Growing as Year Progresses – Turkstat

In the first quarter of this year, income from tourism in Turkey was down 2.2% compared to the same period of last year, according to the latest data available from Turkstat. This is a major surprise, given that income in the fourth quarter of last year was 11.6% higher than...

Posted on 30 April 2010

Strength of Turkish Lira and Taking the Rough with the Smooth

It's been a bit of a rollercoaster week for the Turkish Lira. At the start of the week -- April 25th -- came a Business Week report on the massive rally the Lira was experiencing, hitting 1.40 on the US Dollar, on reports of Turkish economic growth rate matching that...

Posted on 29 April 2010

Didim Marina One Year On, Well… Nearly

In April last year the Didim Marina opened, the largest marina on the Aegean and a spectacular addition to the Didim tourism package. Didim marina, which covers 287,000 square metres of land and god only knows how much sea, is part of the Turkish tourism ministries strategy of trying to...

Posted on 24 March 2010

Mortgages Still Available in Turkey, because of Tighter Lending Policies

In the middle of last year, we covered on this blog, a Forbes article, which said that the measures enacted by Turkey in its 2001 banking crash, would insulate the financial sector from the worst of this crash. As more and more time passes, and Turkey's banking sector continues to...

Posted on 20 March 2010