Tuesday, March 08, 2016

Hotel occupancy rates in Turkey drop below 50 percent amid tourist squeeze - TOURISM

Hotel occupancy rates in Turkey drop below 50 percent amid tourist squeeze

ISTANBUL

Turkey’s hotel occupancy rates plunged below 50 percent in the first month of this year, the Turkish Touristic Hotels and Investors Association (TÜROB) said in a written statement on March 7.

The drop in Turkey, amid a number of coinciding challenges to the country’s tourism sector, marked the sharpest drop in hotel occupancy rates in Europe.

Hotel occupancy rates decreased by 6.2 percent to 47.6 percent in January compared to the same month of 2015, according to data compiled by TÜROB from STR Global’s January figures.

More:Hotel occupancy rates in Turkey drop below 50 percent amid tourist squeeze - TOURISM