Skilled: Türkiye fears dropping Russian and European vacationers because of excessive costs

Turkey – Financial analyst and editor-in-chief of the financial information web site tclira.com, Taylan Büyükşahin, mentioned that the tourism sector in Turkey fears dropping Russian and European vacationers amid rising costs.

This got here inside Büyükşahin’s statements to the “Novosti” company, the place he continued that “European vacationers really feel notably uncomfortable because of inflation,” and the price of the weekend trip, which ranged on common between 1,500 and a pair of,000 euros, rose to greater than 3,000 euros.

It is because Turkey doesn’t favor rising trade charges as a part of the combat in opposition to inflation, and firms that increase the prices of companies and items in Turkish lira set excessive costs, as a result of they promote them in overseas foreign money.

He added: “Tourism revenues quantity yearly to a minimum of $50 billion, and so as to not lose them, it’s mandatory to extend trade charges, which the federal government doesn’t permit nowadays, and subsequently costly tourism will proceed this yr.”

He continued: “We’re wanting ahead to creating a plan for the 2025 season, however the tourism sector fears dropping European and Russian vacationers who might go to international locations akin to Egypt, southern Cyprus, Greece and Spain.”

On the identical time, the Turkish authorities don’t anticipate critical modifications within the statistics of Russian vacationers this yr because of cost issues and are counting on indicators much like earlier years, a supply within the nation’s Ministry of Tradition and Tourism mentioned.

For his half, Vice President of the Affiliation of Tour Operators in Russia (ATOR), Taras Kobychanov, and Director of the tour firm “Russky Specific,” mentioned in an interview with “Novosti” that the lower in demand for July journeys to Turkey from Russia led to resort homeowners beginning to scale back costs.

The Russian Ambassador to Turkey, Alexei Erkhov, had beforehand acknowledged that the variety of Russian vacationers arriving in Turkey this yr might exceed final yr’s determine of 6.3 million.

Supply: Novosti