June 2019 Investment Incentive Report
June 2019
ACCOMMODATION SECTOR INVESTMENT INCENTIVE CERTIFICATES
TÜROB EVALUATION REPORT
The “Investment Incentive Certificates” issued by the Ministry of Trade of the Republic of Turkey for June 2019 were published in the Official Gazette dated 07.08.2019, and the said “Investment Incentive Certificates” have been compiled with respect to the accommodation sector by the Association of Turkish Hoteliers - TÜROB.
Accordingly;
a) June 2019
In June 2019, a total of 5 new hotel projects in 4 separate cities nationwide received an “Incentive Certificate.” Following the new investments, which will be completed with a total expenditure of 175.050 million Turkish Lira, 390 new additional jobs will be created in the sector.
With the completion of the investments to be made in 4 separate cities, the bed capacity will increase by 1,161. In terms of the number of beds, Antalya ranked first with 1,100 beds.
In June 2019, the number of hotels that received a Renovation Incentive was 4, and the investment amount was 70.524 million Turkish Lira.
|
June 2019 INVESTMENT INCENTIVE CERTIFICATES |
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|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
ANTALYA |
2 |
1.100 |
168.741.985 |
359 |
|
BARTIN |
1 |
10 |
810.000 |
8 |
|
NEVŞEHİR |
1 |
23 |
2.778.555 |
13 |
|
ELAZIĞ |
1 |
28 |
2.720.000 |
10 |
|
TOTAL |
5 |
1.161 |
175.050.540 |
390 |
b) Distribution of June 2019 hotels by Star category;
Among the hotels that received an incentive certificate, 5-star hotels rank first with a total of 902 beds.
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JUNE 2019 |
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|
INVESTMENT INCENTIVE LIST |
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|
Class |
Number of Hotels |
Number of Beds |
|
5* |
1 |
902 |
|
4* |
1 |
198 |
|
3* |
1 |
23 |
|
Special Licensed |
1 |
10 |
|
Boutique |
1 |
28 |
|
Total |
5 |
1.161 |
c) Distribution of January – June 2019 hotels by Star category;
In the first six months of 2019, among the hotels that received an incentive certificate, 3-star hotels ranked first with a total of 20 hotels, while in terms of capacity 5-star hotels ranked first with 6,964 beds.
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2019 JANUARY-JUNE |
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|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
12 |
6.964 |
|
4* |
15 |
3.322 |
|
3* |
20 |
1.748 |
|
2* |
- |
- |
|
Boutique |
6 |
364 |
|
Special Licensed |
2 |
102 |
|
Total |
55 |
12.500 |
d) 2014-2015-2016-2017-2018-2019 June period comparison
When compared with the figures of the previous June periods, a general decline is observed in the figures, except for the investment amount.
|
Comparison of the months of June for the years 2014-2015-2016-2017-2018-2019 |
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|
Year |
Number of Provinces |
Number of Hotels |
Number of Beds |
New Employment |
Investment Amount |
|
2014 |
15 |
22 |
5.144 |
1.166 |
335.17 Million TL |
|
2015 |
14 |
25 |
2.580 |
559 |
161.71 Million TL |
|
2016 |
10 |
20 |
3.158 |
794 |
280.90 Million TL |
|
2017 |
11 |
12 |
2.007 |
637 |
147.965 Million TL |
|
2018 |
13 |
14 |
1.792 |
447 |
123.702 Million TL |
|
2019 |
4 |
5 |
1.161 |
390 |
175.050 Million TL |
e) 2014-2015-2016-2017-2018-2019 January-June period comparison
When compared with the figures of the previous January-June periods, a decline is observed in the figures, except for the investment amount.
|
Comparison of the January – June periods for the years 2014-2015-2016-2017-2018-2019 |
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|
Year |
Number of Provinces |
Number of Hotels |
Number of Beds |
New Employment |
Investment Amount |
|
2014 |
45 |
170 |
47.650 |
10.912 |
2,751.9 Million TL |
|
2015 |
43 |
134 |
29.966 |
7.041 |
1,925.3 Million TL |
|
2016 |
31 |
94 |
19.124 |
4.733 |
1,480.7 Million TL |
|
2017 |
38 |
101 |
16.020 |
4.518 |
1,681.219 Million TL |
|
2018 |
39 |
92 |
15.222 |
4.167 |
1,590.13 Million TL |
|
2019 |
22 |
55 |
12.500 |
3.334 |
1,683.38 Million TL |
January – June 2019 Turkey-Wide Province-Based Investment Incentive List
|
|
JANUARY - JUNE 2019 INVESTMENT INCENTIVE CERTIFICATES |
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|
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
1 |
ANTALYA |
14 |
6.906 |
742.802.059,00 ₺ |
1.647 |
|
2 |
BALIKESİR |
1 |
102 |
27.933.077,00 ₺ |
30 |
|
3 |
BARTIN |
1 |
10 |
810.000,00 ₺ |
8 |
|
4 |
BURSA |
1 |
322 |
35.330.000,00 ₺ |
50 |
|
5 |
EDİRNE |
2 |
138 |
6.845.035,00 ₺ |
28 |
|
6 |
ELAZIĞ |
1 |
28 |
2.720.000 ₺ |
10 |
|
7 |
HAKKARİ |
1 |
196 |
16.130.000,00 ₺ |
50 |
|
8 |
GİRESUN |
1 |
50 |
5.677.055,00 ₺ |
20 |
|
9 |
ISTANBUL |
8 |
1335 |
142.231.113,00 ₺ |
335 |
|
10 |
IZMIR |
3 |
896 |
311.200.000,00 ₺ |
465 |
|
11 |
KARS |
1 |
60 |
7.000.000,00 ₺ |
15 |
|
12 |
KONYA |
2 |
184 |
32.611.513,00 ₺ |
50 |
|
13 |
MUĞLA |
7 |
752 |
57.707.893,00 ₺ |
175 |
|
14 |
NEVŞEHİR |
2 |
219 |
32.543.804,00 ₺ |
43 |
|
15 |
ORDU |
1 |
152 |
42.710.000,00 ₺ |
46 |
|
16 |
SAKARYA |
1 |
500 |
157.000.000,00 ₺ |
200 |
|
17 |
SAMSUN |
1 |
36 |
5.000.000,00 ₺ |
20 |
|
18 |
TRABZON |
1 |
40 |
4.372.089,00 ₺ |
22 |
|
19 |
TEKİRDAĞ |
2 |
156 |
22.336.100,00 ₺ |
48 |
|
20 |
TOKAT |
1 |
40 |
4.917.701,00 ₺ |
12 |
|
21 |
VAN |
2 |
186 |
12.046.970,00 ₺ |
30 |
|
22 |
ZONGULDAK |
1 |
192 |
13.464.419,79 ₺ |
30 |
|
|
TOTAL NUMBER OF HOTELS |
55 |
12.500 |
1.683.388.828,79 ₺ |
3.334 |