Financial and business news from Bulgaria

Turkey expects tourism revenues to reach $25 billion this year

Turkey expects tourism revenues this year to reach $25 billion, Hurriyet Daily News reports, citing the head of the Turkish Travel Agencies Association, Firuz Baglakaya.
“By including Turkish citizens living abroad, we expect a stable number of visitors this year to generate tourist revenues between $20 billion and $25 billion,” he said, as quoted by BTA.

Last year, about 12.6 million foreigners visited at the height of the COviD-19 pandemic, bringing $12.6 billion in revenue to the Treasury. In 2019 Turkey welcomed 45 million tourists and 7 million Turks from abroad, securing $35 billion in revenue, the Hurriyet Daily News reminds.

Last month, Deputy Culture and Tourism Minister Nadir Alpaslan said he expects 34 million foreign visitors to Turkey this year, mostly from Russia, Germany, Ukraine, Poland, Britain and the Netherlands.

tags:

Related news

The $320bn in losses for the first quarter of the year will bear global trade because of the coronavirus. This is predicted by the experts of Euler Hermes - a global commercial credit insurance company. The decline is 2.5% compared to the same period last year. $161 billion less will be realised by exports of goods, with the main part due to falling demand in China, Italy and other European countries. $125 billion will be the hit for tourism and for transport - 33 billion.$320 billion in losses to coronavirus in 3 months
Administrator • 2020-03-08 15:30:05
The $320bn in losses for the first quarter of the year will bear global trade because of the coronavirus. This is predicted by the experts of Euler Hermes - a global commercial credit insurance company. The decline is 2.5% compared to the same period last year. $161 billion less will be realised by exports of goods, with the main part due to falling demand in China, Italy and other European countries. $125 billion will be the hit for tourism and for transport - 33 billion.Measures against COVID-19 in Turkey hit Haskovlias
Administrator • 2020-03-15 22:30:19