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Hospitality industry in turkey
1.
2. STRUCTURE
• Turkey is the birthplace of many great cultures and is a synthesis of east and west,
geographically bridging Europe and Asia.
• Turkey is an investment hub with access to huge market both domestic and
international, supported by large working age population.
• Turkey is a republic based on secular, democratic, and pluralistic principles.
• Turkey has the divisions of power in constitution: judicial, legislative, and
executive.
• Turkey is rising economic power moving towards innovation driven economy and
has robust infrastructure to support the growth.
• Services contribute two-third of GDP and among services the tourism has a
prominent role and is an important revenue generator for the country’s economy.
• Most of the tourists arrivals are from neighboring European countries and CIS
countries.
• Nonresident Turkish citizens spend %75 more than other foreign nationals
arriving in Turkey.
• Hotels have more than %80 of the operational bed capacity among other forms of
accommodation.
• Most of the tourists prefers high end accommodation (5-4-3) stars for their stay in
Turkey.
• All major international hotel chains are presently doing business in Turkey.
• Overall analysis of the tourism and hospitality sector in Turkey paints a rosy
picture for future growth with strong government support present.
• The government of Turkey provides with a quick and easy procedural structure at a
fairly low cost for starting a new business in Hospitality sector.
• Turkey Hotel industry is more of labour intensive market, with lower cost of