Turkey has experienced tourism growth in April
By Georgi Ninov - Research Analyst
Turkey recorded a positive growth in foreign visitors in April 2017 which occurs for the first time since July 2015. 2 million foreigners visited the country – an 18.1% increase compared to April 2016 (1.75 million). The biggest number of visitors came from Germany – 262.7 thousand people or about 13% of all. The highest increase, however, comes from the Russian citizens – 181.9 thousand compared to 31 thousand in 2016, or almost five times more. Thus the Russians formed the second largest group, followed by the UK (112.4 thousand), the Netherlands and France.
These numbers, however, are still far from Turkey’s touristic potential. In April 2014 the country welcomed 2.65 million foreign visitors – the highest number for this particular month, with 2014 being the overall most successful year for Turkish tourism. Nevertheless, the optimistic results indicate that Turkey might also record positive growth in foreign tourist income which has not happened since February 2015. In peak years, revenue from foreign tourists would amount to 25-30 billion USD or about 3-4% of overall GDP.
The past two years have been particularly bad for Turkish tourism with two major factors contributing. For once there was a high security threat, following several terrorist attacks and an attempted coup in 2015. In addition to this, Russo-Turkish relations deteriorated severely again in 2015, after Turkish forces show down a Russian warplane over Syrian territory. However, after a series of diplomatic maneuvers from both sides, relations have since normalized. Russian citizens are traditionally among the biggest contributors to income from foreign visitors in Turkey.
This analysis was undertaken using the Global Database which, if you have the correct subscription, can be accessed via CDMNext. For those who aren't customers, try the Indian Premium Database and others with our 10 day free trial.