Incentives for 92 projects worth 1.6 billion in the first half of the year; Trabzon takes a place in the top three; a single investment carried Afyon to the top...
The Association of Turkish Hoteliers (TÜROB) announced that incentive applications were filed for 92 hotel projects with a total of 15,222 beds across 39 provinces in the first half of the year. Compared to the same period last year, the number of investments fell by 9 percent and the investment amount by 5.5 percent. Antalya and Istanbul continued to be the provinces with the most investments in terms of the number of projects. Investment demand for Trabzon continued, and with 6 projects it entered the top three. Afyon, meanwhile, ranked at the top in terms of investment amount with 367 million TL for a single facility.
The Association of Turkish Hoteliers (TÜROB) announced that incentive applications were filed for 92 hotel projects with a total of 15,222 beds across 39 provinces in the first half of this year. A total investment of 1 billion 590 million TL will be made for these 92 facilities. According to the report prepared by TÜROB on the investments, based on the data from the 'Investment Incentive Certificates' published in the Official Gazette, there was a 9 percent decrease in the number of investments and a 5.5 percent decrease in the investment amount compared to the same period last year. In the January-June 2017 period, incentive applications worth 1 billion 681 million TL had been filed for 101 facilities with a total of 16,020 beds across 38 provinces.