Domestic tourism expenditure up nearly 25 pct in Turkey

Domestic tourism expenditure up nearly 25 pct in Turkey

ANKARA
Domestic tourism expenditure up nearly 25 pct in Turkey

Turkey’s domestic tourism expenditure rose 24.9 percent year-on-year in the first quarter of this year, the country’s statistics authority announced on Aug. 6.

The Turkish Statistics Institute (TÜİK) reported that domestic tourists’ expenditures — including individual and package tour expenditures — from January to March totaled 6.3 billion Turkish Liras ($1.65 billion), compared to spending of some 5 billion liras ($1.36 billion) in the same period last year.

“In this quarter, while 94.2 percent of domestic tourism expenditure was individual with 5.94 billion liras, 5.8 percent of it was package tour expenditures with 364.6 million liras,” TÜİK said.

According to Turkey’s Central Bank, the average U.S. dollar/lira exchange rate was 3.82 in the first quarter of this year, while one dollar traded for 3.7 liras on average in the same period last year. The lira has lost a significant value since then, hitting a new record low against the greenback on Aug. 6 and touched 5.14.

“In this quarter, domestic visitors made 112.8 million overnights,” TÜİK said, noting that the average number of overnights was 7.3 and the average expenditure per trip was 407 liras (some $107).

According to the official data, nearly 11.9 million residents took internal trips in the first quarter while the number of journeys with one or more than one overnights amounted to some 15.5 million with an annual hike of 22.3 percent.

Turkish tourism, Turkish economy, tüik