Turkey is experiencing a decline in tourism among cost-conscious vacationers. Many choose Greece because of rising prices.
Turkey, once a popular travel destination for budget-conscious holidaymakers, is currently suffering from a decline in tourism. Loud “Edinburghlive“Due to rising costs, many tourists are switching to Greece, where they supposedly find more affordable options.
More and more Turks are spending their holidays abroad
A travel expert tells Edinburgh: “It’s not surprising that cost-conscious travelers are struggling with increased prices and looking for better deals.”
This development not only affects foreign tourists, but also Turkish holidaymakers, who are increasingly spending their holidays abroad.
Hotel occupancy in Turkey at 80 percent
Hamit Kuk, an advisor to the Association of Turkish Travel Agencies, says that the occupancy rate in hotels in tourist hotspots such as Bodrum and Antalya has fallen to around 80 percent. “The occupancy rate used to be 100 percent,” “Edinburghlive” quoted Kuk as saying.
Chairman of the Regional Representative Council of Turkish Travel Agencies, Mustafa Demir, also expressed concern, explaining that many hoteliers are offering discounts to fill their rooms and avoid having to lay off employees.
Hyperinflation is the main reason for problems in the Turkish tourism sector
A travel insurance employee told Edinburghlive: “Hyperinflation is the main reason for the problems in the Turkish tourism sector, as even foreign visitors cannot justify the costs of accommodation and food.”
However, according to Edinburgh, the inflation rate in Turkey fell from a high of 75 percent in May to below 52 percent in August. A further decline to below 42 percent is expected by the end of the year, promising future price stability and a possible recovery in tourism in the region.
Family should now pay three times as much for their holiday in Turkey
A family from Cologne also experienced a price shock when booking their holiday to Turkey this year. The family’s previous favorite hotel suddenly charged 9,600 euros instead of the usual 3,500 euros for two weeks in July.
The family reports that they initially thought it was a mistake when booking, but the hotel justified the price increase with high demand. The family then decided on an alternative holiday destination in Albania.
The hotel denied the drastic price increase and explained that a price adjustment of 30 to 38 percent was made depending on the room type.
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