Turkey Tourism Report Q1 2016

Date: January 6, 2016
Pages: 28
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: TE70046884EEN

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Includes 3 FREE quarterly updates

BMI View: Turkey's tourism industry is facing difficult issues currently, with regional insecurity and domestic issues affecting tourism into the country and the image of Turkey as a destination. Whilst there are some positive drivers (such as competition in the European airline industry driving down prices) helping boost the overall level of inbound arrivals, they are not sufficient to maintain the high levels of growth seen in the previous few years. One of the most troubling issues facing Turkey is the deteriorating relationship with Russia.

Following the shooting down of a Russian plane in Turkish airspace there has been a ban of selling package trips to Turkey from Russia. As Russia is the country's second largest source market, this could have devastating effects on the tourism industry, especially in areas with a higher propensity to attract Russian tourists (such as Antalya). Istanbul remains more robust, and international hotel groups are still investing in the country despite the uncertainty.
BMI Industry View
    Table: Key Forecasts (Turkey 2012-2019)
Industry Forecast
    Table: Inbound Tourism (Turkey 2012-2019)
    Table: Tourism Receipts (Turkey 2012-2019)
    Table: Hotel Accommodation (Turkey 2012-2019)
    Table: Tourist Departures and Consumption (Turkey 2012-2019)
Industry Risk/Reward Ratings
Tourism Risk/Reward Index
    Table: Central And Eastern Europe - Tourism Risk/Reward Index
Security Risk
Market Overview
Competitive Landscape
Domestic Hotel Groups
    Table: Domestic Hotel Groups
International Hotel Groups
    Table: International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
    Table: Weighting Of Indicators
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