March 2018 Investment Incentive Report
March 2018
ACCOMMODATION SECTOR INVESTMENT INCENTIVE CERTIFICATES
TÜROB ASSESSMENT REPORT
By the Republic of Turkey Ministry of Economy, issued for March 2018, “Investment Incentive Certificates” 26.04.2018 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) March 2018
In March 2018, a total of 20 new hotel projects in 16 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 360.582 million Turkish Lira, 713 new additional jobs will be created in the sector. In March 2018, the number of hotels receiving a Renovation Incentive was 2, with an investment amount of 37.180 million Turkish Lira.
With the completion of the investments to be made in 16 different cities, bed capacity will increase by 3,206. In terms of the number of beds, Antalya ranked first with 804 beds, followed by Balıkesir with 452 beds.
|
MARCH 2018 INVESTMENT INCENTIVE CERTIFICATES |
||||
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
ANTALYA |
1 |
804 |
42.000.000 |
150 |
|
BALIKESİR |
2 |
452 |
59.200.000 |
140 |
|
ÇANAKKALE |
1 |
28 |
2.400.000 |
10 |
|
EDİRNE |
1 |
118 |
2.480.000 |
22 |
|
GİRESUN |
1 |
116 |
7.250.000 |
25 |
|
İSTANBUL |
3 |
422 |
122.000.000 |
60 |
|
İZMİR |
2 |
220 |
41.000.000 |
66 |
|
KARABÜK |
1 |
132 |
11.000.000 |
35 |
|
MUĞLA |
1 |
192 |
11.711.000 |
35 |
|
ORDU |
1 |
50 |
3.300.000 |
15 |
|
SAKARYA |
1 |
98 |
4.100.000 |
25 |
|
SİVAS |
1 |
166 |
16.110.000 |
45 |
|
ŞIRNAK |
1 |
210 |
19.609.000 |
0 |
|
TOKAT |
1 |
40 |
3.170.000 |
35 |
|
TRABZON |
1 |
118 |
5.652.000 |
35 |
|
VAN |
1 |
40 |
9.600.000 |
15 |
|
TOTAL |
20 |
3.206 |
360.582.000 |
713 |
b) Distribution of hotels by star category in March 2018;
Among the hotels that received an incentive certificate, 3-star hotels rank first with a total of 11 hotels.
|
MARCH 2018 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
3 |
1.036 |
|
4* |
4 |
904 |
|
3* |
11 |
1.020 |
|
Specially Certified |
2 |
246 |
|
Toplam |
20 |
3.206 |
c) Distribution of hotels by star category in January-March 2018;
Among the hotels that received an incentive certificate in the first three months of 2018, 3-star hotels ranked first with a total of 28 hotels and 3,043 beds.
|
JANUARY-MARCH 2018 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
4 |
1.336 |
|
4* |
6 |
1.232 |
|
3* |
28 |
3.043 |
|
Boutique |
7 |
532 |
|
Specially Certified |
4 |
347 |
|
Toplam |
49 |
6.490 |
d) Comparison of the March periods of 2014-2015-2016-2017-2018
When compared with the figures of the previous March periods, a decline in capacity, employment and the number of hotels is observed, while an increase in the investment amount is observed.
|
Comparison of March for the Years 2014-2015-2016-2017-2018 |
|||||
|
Yıl |
Number of Provinces |
Number of Hotels |
Number of Beds |
Yeni Employment |
Total Investment Amount |
|
2014 |
21 |
43 |
14.373 |
3.519 |
729,1Million TL |
|
2015 |
14 |
28 |
10.181 |
2.261 |
595,1Million TL |
|
2016 |
17 |
25 |
4.271 |
1.133 |
321,7Million TL |
|
2017 |
15 |
22 |
3.394 |
1.032 |
327,36Million TL |
|
2018 |
16 |
20 |
3.206 |
713 |
360,582Million TL |
e) Comparison of the January-March periods of 2014-2015-2016-2017-2018
When compared with the figures of the previous January-March periods, a decline in capacity, employment and investment amount is observed.
|
Comparison of January-March for the Years 2014-2015-2016-2017-2018 |
|||||
|
Yıl |
Number of Provinces |
Number of Hotels |
Number of Beds |
Yeni Employment |
Total Investment Amount |
|
2014 |
32 |
92 |
27.716 |
6.580 |
1.494,1Million TL |
|
2015 |
26 |
70 |
18.667 |
4.199 |
1.107,6Million TL |
|
2016 |
27 |
53 |
10.692 |
2.346 |
645,3Million TL |
|
2017 |
25 |
53 |
8.643 |
2.418 |
645,3Million TL |
|
2018 |
26 |
49 |
6.490 |
1.589 |
613,081Million TL |
January-March 2018 Province-Based Investment Incentive List for Turkey
|
JANUARY-MARCH 2018 INVESTMENT INCENTIVE CERTIFICATES |
|||||
|
No. |
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
1 |
ANKARA |
1 |
320 |
32.000.000 |
25 |
|
2 |
ANTALYA |
5 |
1.264 |
65.850.000 |
274 |
|
3 |
ARTVİN |
1 |
36 |
4.200.000 |
15 |
|
4 |
BALIKESİR |
2 |
452 |
59.200.000 |
140 |
|
5 |
BOLU |
1 |
40 |
6.000.000 |
15 |
|
6 |
BURSA |
1 |
60 |
9.045.000 |
25 |
|
7 |
ÇANAKKALE |
2 |
92 |
6.370.000 |
22 |
|
8 |
EDİRNE |
1 |
118 |
2.480.000 |
22 |
|
9 |
GAZİANTEP |
1 |
162 |
20.900.000 |
50 |
|
10 |
GİRESUN |
1 |
116 |
7.250.000 |
25 |
|
11 |
İSTANBUL |
5 |
951 |
169.583.025 |
210 |
|
12 |
İZMİR |
4 |
413 |
64.652.060 |
101 |
|
13 |
KARABÜK |
1 |
132 |
11.000.000 |
35 |
|
14 |
MERSİN |
4 |
296 |
15.024.000 |
80 |
|
15 |
MUĞLA |
2 |
228 |
15.120.000 |
65 |
|
16 |
NEVŞEHİR |
2 |
182 |
13.010.000 |
60 |
|
17 |
ORDU |
2 |
150 |
6.800.000 |
35 |
|
18 |
RİZE |
2 |
160 |
10.300.000 |
50 |
|
19 |
SAKARYA |
1 |
98 |
4.100.000 |
25 |
|
20 |
SAMSUN |
1 |
300 |
23.900.000 |
90 |
|
21 |
ŞIRNAK |
2 |
328 |
23.109.000 |
25 |
|
22 |
SİVAS |
1 |
166 |
16.110.000 |
45 |
|
23 |
TOKAT |
1 |
40 |
3.170.000 |
35 |
|
24 |
TRABZON |
2 |
198 |
7.482.000 |
55 |
|
25 |
TUNCELİ |
1 |
48 |
2.826.000 |
15 |
|
26 |
VAN |
2 |
140 |
13.600.000 |
50 |
|
|
TOTAL |
49 |
6.490 |
613.081.085 |
1.589 |
© TÜROB – May 2018
