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Showing posts with label tourism investment. Show all posts
Showing posts with label tourism investment. Show all posts

Thursday, 25 October 2007

$250 million investment to build villas in Bodrum

Former İstanbul Chamber of Commerce (İTO) Chairman Mehmet Yıldırım is poised to initiate a grand project in the Aegean tourist resort of Bodrum in southwest Turkey.

His company Yıltaş has developed a project to construct a massive tourism complex including around 3,000 luxury villas along with three golf courses. The project is estimated to cost between $200 and $250 million. Yıldırım says he is ready to set up a partnership with interested foreign companies. In a meeting with several press members yesterday in İstanbul, Yıldırım underlined the importance of investing in golf, a tourism sector that he believed has the potential to improve rapidly. The complex is 14 kilometers from Milas Airport and the region is believed to be ideal for a tourism resort, overlooking with a canyon with a waterfall, although not near the sea. Yıldırım’s project also includes a hotel with 150 beds.

Source: Today's Zaman 23/10/2007

Massive increase in visitors to Turkey, and steady increase in returning Turks

According to a report released by the Turkish Institute of Statistics, Turkey is getting hotter! The number of visitors and returning citizens has seen a sharp increase over the same time last year, signalling a strong upturn in the fortunes of the Turkish tourist industry and indicating a resurgence in Turkey’s appeal to its expatriate citizens.

The numbers are taken from border control figures and measure the number of people entering and leaving Turkey via plane, boat, car and rail. These have been compared with data taken from the same period one year earlier and show an emphatic change both in visitor numbers and in nationalities.

The figures are those from September 2007, outside the main domestic tourist season but a popular month for visitors who are free from the restrictions of school term times, and are compared against September 2006.

The overall number of foreign visitors to Turkey went up by an impressive 23.5% to 2,799,276 from 2,267,146, with plane the most popular mode of entry - chosen by 29.6% more people this year than last. Arrivals by sea also increased impressively, by 14.6% - both figures suggesting wealthier overseas visitors compared with the previous year.

Wealth is also suggested by the top ten nations favouring Turkey as a destination (who make up an overwhelming 63.9% of Turkey’s foreign visitors): Germany, Russia, the UK, Bulgaria, the Netherlands, Iran, USA, Ukraine, Israel and France; with popularity growing most among Americans and members of the former Soviet states. Obviously, even the fragile condition of the US economy and the poor performance of the dollar against the Turkish lira can’t put Americans off Turkey!

An upturn is also indicated in the number of Turkish citizens returning to Turkey, whether for a visit or more permanently: up by 11.3% from 587,845 to 654,362, though this is still outweighed by the number of departures in the same month, down 1.6% from 963,509 to 948,195.

The news is particularly pleasing for those who’ve been keen to see Turkey’s vitally important tourist industry thriving: investors both private and commercial; travel agencies; property developers; banks; and all the millions of companies offering services and products aimed at foreign visitors. It also underlines the wisdom of investment in quality attractions such as Didim D-Marin megayacht marina and the two golf courses planned for Altinkum at Third Beach and Mercimek.

Source: TURKISH STATISTICAL INSTITUTE, PRIME MINISTRY, REPUBLIC OF TURKEY PRESS RELEASE NUMBER 172, OCT 23 2007: NUMBER OF ARRIVING-DEPARTING FOREIGNERS AND CITIZENS, SEPTEMBER 2007

© Dizayn Homes 2007

Tuesday, 6 February 2007

Minister for Tourism says the future is Spa....


Atilla Koc, Turkey's Minister for Culture and Tourism, has identified Thermal Tourism as a key part of the strategy to increase Turkey's tourist appeal. Turkey has the 7th highest number of thermal resources of any country in the world but currently only 1% of visitors per year come to indulge.


Extensive investment is taking place to make the most of this rich and desirable resource, with million-dollar spa hotel projects planned or underway in locations all over Turkey, and promotion of health tourism worldwide.


As Koc points out, spa tourism is a year-round business, and also diversifies from Turkey's image of sun, sea and sand. [source: Oxford Business Group]


Of course Turkey has long recognised the benefits of spa therapy, whether al fresco in the mud baths of Dalyan or under cover in any Turkish Hamam in the country.


Turkey's goal for 2010 is to increase tourism, expand its diversity and improve profits and employment from tourism. and our very own Didim is one of the targetted tourism hotspots. For more information, check out the 2010 Tourism Vision for Turkey on the Ministry of Culture and Tourism website.