April 2018 Investment Incentive Report
April 2018
ACCOMMODATION SECTOR INVESTMENT INCENTIVE CERTIFICATES
TÜROB ASSESSMENT REPORT
By the Republic of Turkey Ministry of Economy, issued for April 2018, “Investment Incentive Certificates” 24.05.2018 was published in the Official Gazette dated “Investment Incentive Certificates” and has been compiled from the perspective of the accommodation sector by the Association of Turkish Hoteliers - TÜROB.
Accordingly;
a) April 2018
In April 2018, a total of 15 new hotel projects in 13 different cities across the country received an “Incentive Certificate”. Following the completion of the new investments, which will be carried out with a total expenditure of 570.742 million Turkish Lira, 1,518 new additional jobs will be created in the sector. In April 2018, the number of hotels receiving a Renovation Incentive was 6, with an investment amount of 36.258 million Turkish Lira.
With the completion of the investments to be made in 13 different cities, bed capacity will increase by 4,562. In terms of the number of beds, Afyonkarahisar ranked first with 2,830 beds, followed by Antalya with 363 beds.
|
APRIL 2018 INVESTMENT INCENTIVE CERTIFICATES |
||||
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
ADANA |
1 |
96 |
6.050.000 |
23 |
|
AFYONKARAHİSAR |
1 |
2.830 |
367.900.000 |
1.000 |
|
ANTALYA |
1 |
363 |
54.000.000 |
110 |
|
DÜZCE |
1 |
20 |
750.000 |
6 |
|
İSTANBUL |
2 |
246 |
51.225.000 |
80 |
|
İZMİR |
1 |
312 |
46.400.000 |
100 |
|
KARS |
1 |
152 |
5.220.000 |
15 |
|
MUĞLA |
1 |
158 |
8.000.000 |
47 |
|
ŞANLIURFA |
1 |
15 |
2.500.000 |
15 |
|
ŞIRNAK |
1 |
100 |
7.400.000 |
35 |
|
TRABZON |
2 |
108 |
4.347.010 |
42 |
|
VAN |
1 |
80 |
7.300.000 |
25 |
|
YALOVA |
1 |
82 |
9.650.000 |
20 |
|
TOTAL |
15 |
4.562 |
570.742.010 |
1.518 |
b) Distribution of hotels by star category in April 2018;
Among the hotels that received an incentive certificate, 3-star hotels rank first with a total of 10 hotels.
|
APRIL 2018 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
3 |
3.505 |
|
4* |
2 |
356 |
|
3* |
6 |
460 |
|
Boutique |
4 |
241 |
|
Toplam |
15 |
4.562 |
c) Distribution of hotels by star category in January-April 2018;
Among the hotels that received an incentive certificate in the first four months of 2018, 3-star hotels ranked first with a total of 34 hotels, while in terms of capacity, 5-star hotels ranked first with 4,841 beds.
|
JANUARY-APRIL 2018 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
7 |
4.841 |
|
4* |
8 |
1.588 |
|
3* |
34 |
3.503 |
|
Boutique |
11 |
773 |
|
Specially Certified |
4 |
347 |
|
Toplam |
64 |
11.052 |
d) Comparison of the April periods of 2014-2015-2016-2017-2018
When compared with the figures of the previous April periods, an increase in capacity, employment and investment amount is observed.
|
Comparison of April for the Years 2014-2015-2016-2017 |
|||||
|
Yıl |
Number of Provinces |
Number of Hotels |
Number of Beds |
Yeni Employment |
Investment Amount |
|
2014 |
19 |
34 |
12.702 |
2.437 |
796,10 Million TL |
|
2015 |
14 |
25 |
4.157 |
1.024 |
242,03 Million TL |
|
2016 |
9 |
13 |
3.889 |
1.186 |
374,20 Million TL |
|
2017 |
17 |
23 |
2.991 |
845 |
237,040 Million TL |
|
2018 |
13 |
15 |
4.562 |
1.518 |
570,742Million TL |
e) Comparison of the January-April periods of 2014-2015-2016-2017-2018
When compared with the figures of the previous January-April periods, a decline in capacity and employment is observed.
|
Comparison of January-April for the Years 2014-2015-2016-2017 |
|||||
|
Yıl |
Number of Provinces |
Number of Hotels |
Number of Beds |
Yeni Employment |
Investment Amount |
|
2014 |
39 |
126 |
39.818 |
9.017 |
2.264,10 Million TL |
|
2015 |
27 |
95 |
22.824 |
5.223 |
1.303,53 Million TL |
|
2016 |
29 |
66 |
14.581 |
3.532 |
1.017,50 Million TL |
|
2017 |
33 |
76 |
11.634 |
3.263 |
1.265,34 Million TL |
|
2018 |
32 |
64 |
11.052 |
3.107 |
1.183.823.09Million TL |
January-April 2018 Province-Based Investment Incentive List for Turkey
|
JANUARY-APRIL 2018 INVESTMENT INCENTIVE CERTIFICATES |
|||||
|
No. |
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
1 |
ADANA |
1 |
96 |
6.050.000 |
23 |
|
2 |
AFYONKARAHİSAR |
1 |
2.830 |
367.900.000 |
1.000 |
|
3 |
ANKARA |
1 |
320 |
32.000.000 |
25 |
|
4 |
ANTALYA |
6 |
1.627 |
119.850.000 |
384 |
|
5 |
ARTVİN |
1 |
36 |
4.200.000 |
15 |
|
6 |
BALIKESİR |
2 |
452 |
59.200.000 |
140 |
|
7 |
BOLU |
1 |
40 |
6.000.000 |
15 |
|
8 |
BURSA |
1 |
60 |
9.045.000 |
25 |
|
9 |
ÇANAKKALE |
2 |
92 |
6.370.000 |
22 |
|
10 |
DÜZCE |
1 |
20 |
750.000 |
6 |
|
11 |
EDİRNE |
1 |
118 |
2.480.000 |
22 |
|
12 |
GAZİANTEP |
1 |
162 |
20.900.000 |
50 |
|
13 |
GİRESUN |
1 |
116 |
7.250.000 |
25 |
|
14 |
İSTANBUL |
7 |
1.197 |
220.808.025 |
290 |
|
15 |
İZMİR |
5 |
725 |
111.052.060 |
201 |
|
16 |
KARABÜK |
1 |
132 |
11.000.000 |
35 |
|
17 |
KARS |
1 |
152 |
5.220.000 |
15 |
|
18 |
MERSİN |
4 |
296 |
15.024.000 |
80 |
|
19 |
MUĞLA |
3 |
386 |
23.120.000 |
112 |
|
20 |
NEVŞEHİR |
2 |
182 |
13.010.000 |
60 |
|
21 |
ORDU |
2 |
150 |
6.800.000 |
35 |
|
22 |
RİZE |
2 |
160 |
10.300.000 |
50 |
|
23 |
SAKARYA |
1 |
98 |
4.100.000 |
25 |
|
24 |
SAMSUN |
1 |
300 |
23.900.000 |
90 |
|
25 |
ŞANLIURFA |
1 |
15 |
2.500.000 |
15 |
|
26 |
ŞIRNAK |
3 |
428 |
30.509.000 |
60 |
|
27 |
SİVAS |
1 |
166 |
16.110.000 |
45 |
|
28 |
TOKAT |
1 |
40 |
3.170.000 |
35 |
|
29 |
TRABZON |
4 |
306 |
11.829.010 |
97 |
|
30 |
TUNCELİ |
1 |
48 |
2.826.000 |
15 |
|
31 |
VAN |
3 |
220 |
20.900.000 |
75 |
|
32 |
YALOVA |
1 |
82 |
9.650.000 |
20 |
|
|
TOTAL |
64 |
11.052 |
1.183.823.09 |
3.107 |