Turkey tourism news roundup 11th December, 2017

Turkey Tourism

It’s been quite a quiet week on the Turkey tourism press front. Having had a good search online, there were only a few articles of interest. Take a look below…

Turkish Airlines passenger total rose 8.3% so far this year. (Hurriyet Daily News, December 9th, 2017)

New figures show that Turkey’s flagship airline carried more than 63.1 million passengers between January and November this year, a rise of 8.3% on last years figures. Passengers on its domestic flights also rose 9.1% year-on-year.

Turkish economy expanded 11.1% the third quarter. (Hurriyet Daily News, December 11th, 2017)

Figures published today show that the Turkish economy expanded 11.1 percent during the third quarter compared to 5.1 percent in the second and 5.2 in the first.

Promising 2017 data suggests 2018 will be a good year for tourism say’s officials (Daily Sabah, December 10th, 2017)

Basaran Ulsoy, Chairman of the Turkish Travel Agencies Association (TURSAB) told Anadolu Agency that he is confident that 2018 will be a strong year for tourism in Turkey. With Turkey suffering a terrible 2016 and only yielding $22 billion in tourism revenue, it is hoped that the increased tourism numbers we have already achieved, will see revenue for 2017 end on around $25 billion. Ulsoy commented, “we regard the year 2017 as a period in which we store power for the rise of Turkish tourism again. Our main goal now is to ensure that Turkish tourism grows again in 2018 and in the following years with serious acceleration”.

Fitch says its 2018 outlook for Turkish banks looks ‘stable’. (Daily Sabah, December 9th, 2017)

The US credit rating Fitch released a statement saying that “the stable outlooks on the majority of Turkish bank ratings reflect resilience in the credit profiles and financial metrics”. They also commented that Turkish banks would continue to have “good funding market access and be able to roll over their foreign debt”.

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