Turkish tourism growth accelerates in second quarter
Turkey’s revenue from tourism increased at a faster pace in the second quarter of the year as the number of visitors to the country grew.
Tourism income rose by an annual 13 percent to $8 billion in the three months to June, the Turkish Statistical Institute said on its website on Wednesday. Revenue had increased by an annual 4.6 percent to $4.63 billion in the first quarter of the year.
Turkey is seeking to bolster its returns from tourism to help offset an economic downturn brought on by a currency crisis last year. The economy contracted on a quarterly basis for two-straight quarters in the second half of last year, signifying a recession, before growing in the first three months of this year. The fall in the value of the lira makes Turkey a cheaper place to visit.
Visitors increased by an annual 15 percent in the second quarter to 12.8 million people, the institute said. The number of arrivals had risen 8.5 percent to 6.64 million in the first quarter.
Average expenditure of the visitors fell by 1.7 percent to $625 per head, the figures showed.