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Tourist Arrivals in Turkey to Grow Over 7% CAGR during 2010-2012

Mar 16, 2010
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RNCOS, the global market research leader, has conceptually analyzed the Turkey tourism industry prospects in its latest research offering titled "Turkey Tourism Industry Forecast to 2012". Industry statistics and extensive analysis of all the important market trends together demonstrated that Turkey is a dynamic market with strong future growth potentials. The market has shown enduring resilience against recession and remained almost immune from its negative impacts.

Careful evaluation of Turkey tourism industry revealed some critical growth catalysts shaping industry's present scenario and future prospects. The report reveals that the number of tourists visiting Turkey swelled more than 17-fold in past three decades, from 1.5 Million in 1979 to a record 26.3 Million in 2008. Even in the wake of economic slowdown, the country saw positive growth in international tourist arrivals in 2009. We anticipate that the industry will see impressive growth in coming years backed by serious efforts made by government and various other factors analyzed thoroughly in the report.

Additionally, European countries account for the highest number of tourist arrivals in Turkey, with Germany having the major share of around 4.5 Million tourists in 2008, followed by Russia and UK. The contribution of Europe in the Turkish tourism industry has increased significantly over the past due to strong promotional activities conducted by the Turkish government and also due to the proximity of Europe to the country.
 
Moreover, some unconventional events attracting tourists are increasingly getting popular in the country and abroad and contributing significantly to the industry's growth. Yacht tourism, golf tourism, winter tourism, culture tourism, etc. are attracting foreign tourists to the country and are anticipated to prove decisively beneficial for the industry in long run.
 
Our report "Turkey Tourism Industry Forecast to 2012" is an outcome of extensive research and conceptual analysis of the Turkish tourism industry. It provides comprehensive information on historical, ongoing and future prospects of tourist arrivals, tourism receipt, outbound tourism, outbound tourism expenditure, hotel and restaurant expenditure, etc. The research report also studies the forces fuelling the growth in the Turkish tourism industry. A brief overview of competitive landscape has also been included in the report to offer a balanced market study to clients.

For more information visit: http://www.rncos.com/Report/IM009.htm


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