Touristic Hoteliers Association

Turkish ministry offers investment incentives to 90 tourism facilities

The Economy Ministry has given investment incentives to 90 touristic facility projects in the first quarter of the year. 

The 90 projects, 69 of which are new, benefited from the ministry's investment incentives in the January-March period, according to data compiled by the Touristic Hoteliers Association of the Mediterranean (AKTOB). 

65 percent of Turkey’s tourism facilities need to be renewed

Some 65 percent of tourism facilities on Turkey’s coasts need to be renovated to compete with other facilities around the Mediterranean, even though nearly half of Turkey’s hotels are less than 10 years old, according to a recent report by the Touristic Hoteliers Association of the Mediterranean (AKTOB).