subject: Turkey - A Fast Emerging Tourist Destination by:Shushmul Maheshwari [print this page] As per our new report "Turkey Tourism Industry Forecast to 2012", the tourism industry in Turkey has experienced substantial growth over the years on heavy inflow of inbound visitors from the European countries. The industry saw positive growth in international tourist arrivals in 2009 in spite of the economic slowdown. The uptrend is likely to continue in future, and our research report says that the inbound tourism in the country is likely to increase at a CAGR of around 6.5% during 2009-2012.
European countries account for the highest number of tourist arrivals in Turkey, with Germany having the major share of around 9% in total foreign tourist's arrivals in 2008, followed by Russia and UK. We expect this trend to continue in coming years as well. Turkey's strategic location will prove highly beneficial for rapid developments in the tourism industry.
Moreover, Turkey has matured as a popular destination for various tourism attractions worldwide. Emerging new concepts like Yacht tourism, Golf tourism, winter tourism, and Cultural tourism are luring more and more foreign tourist in the country. Consequently, large no of global players are also investing in the tourism market to tap the lucrative growth opportunities available in the industry.
"Turkey Tourism Industry Forecast to 2012" is an outcome of the extensive research and conceptual analysis of the Turkish tourism industry. The report provides information regarding past, ongoing and future trends for various market segments, including tourist arrivals, tourism receipt, outbound tourism, outbound tourism expenditure, hotel and restaurant expenditure, etc. The research includes study of the competitive landscape and the areas that are fuelling the growth in the Turkish tourism industry. The research report will enable the clients understand the market and its progress in the coming years and will prove highly beneficial in identifying the factors critical for successful business strategy formulations.
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
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