Turkey Hotel Market will be US$ 11.6 Billion by 2026 | Renub Research Report
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The initiative of Turkey government to boost tourism through various programs such as the Health Transformation Program started in the year 2003 are boosting Turkey healthcare sector, which results in higher hotel occupancy. Ministry of Tourism has also launched new regulation and strategies to increase revenue from tourism by increasing the number of visitors. Foreign visitors in Turkey have grown significantly from countries like Russia, the United Kingdom, Germany, Iran and Bulgaria.
Impact of COVID-19 on Turkey Hotel Market
COVID-19 pandemic has disturbed most the hospitality industries in the world. Out of these Hotel and Tourism industry are on the verge of breakdown in the year 2020. Hotel market in Turkey has seen sharp decline in the year 2020, but we expect from the year 2021 the market will grow as domestic and foreign tourist will again start coming to hotels as they do in past years.
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This research report has covered the number of hotels in following cities of Turkey: Antalya, Istanbul, Mugla, Izmir, Aydin, Ankara, Mersin, Busra, Afyonkarahisar and Balikesir.
By Star Rated:
The market, market share and volume analysis of 1st Star, 2nd Star, 3rd Star, 4th Star and 5th Star are covered in this research report.
This research report has covered Market, Volume (No of Hotel, No of Rooms & No of Beds) for the following province: Istanbul, Marmara (East & West), Aegean (Aegean & Mediterranean), Black Sea (West & East), Anatolia (Central Anatolia, Northeast Anatolia, Central-East Anatolia, and Southeast Anatolia.
By Chain Hotels:
This research report has also covered chain hotel in Turkey: Top 10 International Chain Groups, Top 10 Domestic Chain Groups, Top 10 International Brand, Top 9 Domestic Brand and Chain Hotel by Category.
Overview, Recent Development and Revenue analysis of Hilton, Marriott, Radisson, and Accor are covered in this research report.
Industry Related Opportunity:
United States Restaurants Market: https://www.renub.com/united-states-restaurant-market-p.php
Spain Hotel Market: https://www.renub.com/spain-hotel-market-p.php
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