July 18, 2016

Turkey’s Tourism Crashes

   July 18, 2016

Turkey’s Tourism Crashes

Change_In_Foreign_Tourists_To_Turkey_Turkey_foreign_tourist_arrivals,_year-on-year_change_TMMChart.png

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Editor’s remarks:

Even before Turkey’s shooting down a Russian fighter jet, terrorist attacks and an attempted military coup, Turkey has been suffering a steady decline in tourists since 2013. The country has been aiming to join the EU for some time and has used its key role in managing the flow of refugees from Syria and other nations in pushing its application forward. As tourism accounted for 12.9% of GDP in 2015, President Erdogan’s government must find alternative revenue sources to help plug the expanding hole. In the current context, he may be forced to change his tone from demanding a seat at the EU table to pleaing for more financial support.

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