The latest round of price increases in Turkey, caused by the Erdoĝan government’s fiscal policies, are eventually going to start pricing Turkish tourism out of the market.
The euro/sterling exchange rate has returned to the level of 5 years ago; it can cost as much as ₤ 750 return to fly to Dalaman from London in the high season whereas flights at the same time to Malaga return cost ₤ 300; a bottle of Angora wine currently costs as much as 22 TL in a supermarket – in Spain you can get something as good if not a lot better for € 3.50, or about 8.50 TL; petrol costs € 1,40 per litre in Spain and € 1.97 in Turkey - fuel costs have a knock-on effect on the price of everything. Even cigarette prices are pretty similar, 9 TL for Marlboro Red in Turkey, 10.80 TL in Spain.
Tourists may try to reduce their costs by going to All In resorts. This has a devastating effect on local businesses like restaurants and bars, whilst in addition the clientèle might as well be on holiday anywhere as they have little or no contact with anything outside the boundaries of their resort.
Is anyone considering crossing Turkey off the list due to the swingeing price increases?