Turkey Tourism Revenues Hit Record High

2023-10-31 07:20 By Joana Ferreira 1 min. read

Tourism revenues in Turkey surged to a record high of USD 20.23 billion in the third quarter of 2023, marking a 13.1% year-on-year increase from USD 17.88 billion in the same period last year.

A substantial 83.5% of this revenue was generated by international tourists, while 16.5% came from Turkish citizens residing abroad.

The number of visitors also saw a robust 6.8% growth, totaling 22.43 million, with the average per capita spending rising by 5.9% to reach USD 902.

Expenditure on sports, education, and cultural activities soared by 33.3%, while accommodation expenses saw a substantial 26.1% increase.

Additionally, food and beverage expenditures expanded by 24.6%.

In contrast, tour services expenses declined by 1.6%.

For the January to September period, tourism revenues surged by 20.1% to reach USD 42.0 billion.



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