Now that we are entering a new year with a lot of new hopes and intentions, I wanted to share with you some of the highlites of year 2007 for the Turkish Tourism Sector.
In 2007 23 million tourists visited Turkey. This recorded an increse of 18% in number of tourists over the previous year. The forecast for 2008 is 26 million tourists visiting Turkey.
The 23 million tourists spent about 18 billion USD in Turkey in 2007. The forecast earnings for 2008 is 20 billion USD.
In addition to the foreign tourists, 10 million Turkish citizens went on a vacation in Turkey.
Istanbul was visited by 7 million tourists in 2007. 8 million torists are expected to visit Istanbul in 2008.
North Americans (Canada and U.S.) visiting Turkey increased by 25% during 2007.
Turkish airline industry carried over 30 million passengers in 2007.
The appreciation in the value of YTL vis a vis USD unfarovably impacted tourism in 2007.
The sales tax on hotel rooms and restaurant meals was reduced from 18% to 8% starting January 2008. This will hopefully give a break to hoteliers and restauranteurs so that they can keep their rates under control, and still increase their earnings. This reduction in taxes will naturally benefit all incoming visitors.
Hoping for another record year in 2008, I wish you all a very healthy and happy new year.