11/3/2008

Turkey's tourism benefits from global crisis

Hurriyet English - Turkey's tourism industry, worth some $20 billion, is expected to benefit from the ongoing global crisis despite its negative affects on country's economy, Turkish Daily News (TDN) reported last week. "Although the economic crisis has hit various industries across the world, that is not the case for tourism in Turkey’s Mediterranean province of Antalya, which experiences an annual increase of 19% with the number of tourists already amounting to nine million," Ibrahim Acar, the director of the Antalya Culture and Tourism Directorate told TDN. Around 747,000 tourists visited the city this month with 21% increase when compare to 615,000 tourists in last October, Acar also said. "The appreciation of the U.S. dollar had a positive influence on the tourism industry if a bit late since we have already left the peak time," he added.