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Hilton to open 40 hotels in five years in Turkey

Date: 13/01/2009Hilton to open 40 hotels in five years in Turkey Hilton Hotels Corporation made public its new investment plan in Turkey on Tuesday. The U.S.-based company is set to open 40 new hotels in Turkey within five years as the company sees high potential in the country, according to...

Posted on 14 February 2011

Turkey’s growth will continue in 2009, Halkbank executive claims

Date: 13/01/2009Turkey's growth will continue in 2009, Halkbank executive claims The Turkish economy will continue to grow in 2009 and the possibility of a recession is almost zero, Halkbank Vice General Manager Sahap Kavcioglu has said. Kavcioglu spoke to Today's Zaman to share his reflections on the most recent developments...

Posted on 14 February 2011

Turkish financial sector to grow in crisis, suggests Deloitte

Date: 13/01/2009Turkish financial sector to grow in crisis, suggests Deloitte Deloitte, one of the largest consulting and financial advisory firms in the world, has said the financial sector in Turkey will grow in the long run should the sector pursue effective policies amid the current global financial crisis. Recently releasing...

Posted on 14 February 2011

Turkish government plans high-speed train network

Date: 12/01/2009Turkish government plans high-speed train network The Turkish government plans to establish a network of high-speed train connections across the country, Transportation Minister Binali Yildirim said on Monday (January 5th), adding high-speed trains will begin test runs by the end of February. The government allocated 1.46 billion euros for...

Posted on 14 February 2011

‘Hidden City’ ski resort in Turkey

Date: 07/01/2009 ‘Hidden City’ ski resort in Turkey The ski resort of Saklikent, which means "Hidden City" in Turkish, set up on a north-facing slope of Mt. Bakirli (Copper Mountain, 2,547 meters), has long been a winter playground for the citizens of the seaside city of Antalya, some 1,800 meters...

Posted on 14 February 2011

Turkey, Egypt and Mexico tipped as 2009 holiday hotspots

Date: 04/01/2009Turkey, Egypt and Mexico tipped as 2009 holiday hotspots Non-euro destinations Turkey, Egypt and Mexico are tipped to be next year's holiday hotspots. The Foreign Office and ABTA 2009 Travel Trends Report says the three destinations will see a significant increase in British visitors in 2009 as bookings show...

Posted on 14 February 2011

30% Growth? – German firm completes investment in Turkey despite crisis

Date: 31/12/200830% Growth? - German firm completes investment in Turkey despite crisis Röder, one of Germany's leading firms in the portable tent sector, has completed construction on a 10 million euro production facility in Turkey despite the ongoing global financial turbulence. The firm's chairman, Rudiger Blasius, said the new facility...

Posted on 14 February 2011

Overall Turkish tourism up 13% – More than 26 million tourists visit Turkey in 2008

Date: 31/12/2008Overall Turkish tourism up 13% - More than 26 million tourists visit Turkey in 2008 More than 26 million tourists visited Turkey in 2008, Turkish Tourism Ministry officials said on Tuesday. Speaking at a gathering in the north western province of Bursa, Undersecretary of the Ministry of Culture and...

Posted on 14 February 2011

More than 1.2 million tourists from Britain visit Turkey in 2008 and is expected to double in 2009

Date: 31/12/2008More than 1.2 million tourists from Britain visit Turkey in 2008 and is expected to double in 2009 The falling pound and depressed household income drive more British holidaymakers outside eurozone, triggering an increase by 32 percent in the number of people booking a summer holiday in Turkey. The...

Posted on 14 February 2011

Turkish Airlines to buy 105 new aircraft

Date: 18/12/2008Turkish Airlines to buy 105 new aircraft Turkish Airlines has extended the deadline of a tender for 105 planes to Jan. 19 at the request of Boeing and Airbus, the airline said on Thursday. Turkish Airlines (THY) announced the planned plane order on Oct. 14 and the tender was...

Posted on 14 February 2011