October 2019 Investment Incentive Report
October 2019
ACCOMMODATION SECTOR INVESTMENT INCENTIVE CERTIFICATES
TÜROB ASSESSMENT REPORT
The “Investment Incentive Certificates” issued by the Republic of Türkiye Ministry of Trade for October 2019 were published in the Official Gazette dated 04.12.2019, and the said “Investment Incentive Certificates” have been compiled with regard to the accommodation sector by the Association of Turkish Hoteliers - TÜROB.
Accordingly;
a) October 2019
In October 2019, a total of 9 new hotel projects in 8 different cities nationwide received an “Incentive Certificate.” Following the new investments, which will be completed with total spending of 212.2 million Turkish Lira, 449 new additional jobs will be created in the sector.
With the completion of the investments to be made in 8 different cities, bed capacity will increase by 1,493. In terms of the number of beds, Aydın ranked first with 381 beds.
In October 2019, the number of hotels receiving a Renovation Incentive was 1, and the investment amount was 12.93 million Turkish Lira.
OCTOBER 2019 INVESTMENT INCENTIVE CERTIFICATES
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
|
1 |
ADIYAMAN |
1 |
178 |
20.122.680 |
30 |
|
2 |
ANTALYA |
1 |
298 |
11.180.000 |
89 |
|
3 |
AYDIN |
1 |
381 |
85.410.000 |
115 |
|
4 |
BALIKESİR |
1 |
80 |
7.423.705 |
30 |
|
5 |
İSTANBUL |
2 |
163 |
50.006.152 |
40 |
|
6 |
KIRKLARELİ |
1 |
95 |
6.585.826 |
25 |
|
7 |
MARDİN |
1 |
266 |
23.500.000 |
110 |
|
8 |
NEVŞEHİR |
1 |
32 |
7.975.000 |
10 |
|
|
TOTAL |
9 |
1.493 |
212.203.363 |
449 |
b) Distribution of hotels by star category, October 2019;
Among the hotels that received an incentive certificate, 5-star hotels rank first with a total of 647 beds.
|
OCTOBER 2019 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
2 |
647 |
|
4* |
3 |
586 |
|
3* |
2 |
127 |
|
Boutique |
2 |
133 |
|
Total |
9 |
1493 |
c) Distribution of hotels by star category, January-October 2019;
Among the hotels that received an incentive certificate in the first ten months of 2019, 3-star hotels ranked first with a total of 25 hotels, while in terms of capacity 5-star hotels ranked first with 11,083.
|
JANUARY-OCTOBER 2019 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
20 |
11.083 |
|
4* |
24 |
5.491 |
|
3* |
25 |
2.165 |
|
2* |
1 |
50 |
|
Boutique |
8 |
497 |
|
Special Certificate |
4 |
149 |
|
Total |
82 |
19.435 |
d) Comparison of the October periods of 2014-2015-2016-2017-2018-2019
|
Comparison of the month of October for the years 2014-2015-2016-2017-2018-2019 |
|||||
|
Year |
Number of Provinces |
Number of Hotels |
Number of Beds |
New Employment |
Investment Amount |
|
2014 |
12 |
14 |
3.421 |
885 |
276,00Million TL |
|
2015 |
8 |
12 |
3.397 |
1.078 |
315,70Million TL |
|
2016 |
7 |
15 |
3.244 |
661 |
171,60Million TL |
|
2017 |
8 |
13 |
3.312 |
868 |
258.400Million TL |
|
2018 |
8 |
9 |
1.390 |
418 |
178.207Million TL |
|
2019 |
8 |
9 |
1.493 |
449 |
212.203Million TL |
e) Comparison of the January-October periods of 2014-2015-2016-2017-2018-2019
|
Comparison of January-October for the years 2014-2015-2016-2017-2018-2019 |
|||||
|
Year |
Number of Provinces |
Number of Hotels |
Number of Beds |
New Employment |
Investment Amount |
|
2014 |
55 |
243 |
62.253 |
14.662 |
3.926,9Million TL |
|
2015 |
49 |
184 |
42.373 |
10.627 |
2.978,50Million TL |
|
2016 |
37 |
146 |
32.112 |
8.137 |
2.438,43Million TL |
|
2017 |
46 |
153 |
28.073 |
7.653 |
2.564,0Million TL |
|
2018 |
48 |
143 |
22.081 |
6.515 |
2.337,1Million TL |
|
2019 |
30 |
82 |
19.435 |
5.320 |
2.534,9 Million TL |
January - October 2019 Türkiye-Wide Province-Based Investment Incentive List
|
JANUARY - OCTOBER 2019 INVESTMENT INCENTIVE CERTIFICATES |
|||||
|
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
1 |
ADIYAMAN |
1 |
178 |
20.122.680,00₺ |
30 |
|
2 |
AFYONKARAHİSAR |
1 |
98 |
2.952.000,00₺ |
30 |
|
3 |
ANTALYA |
17 |
8340 |
828.102.059,00₺ |
1.921 |
|
4 |
AYDIN |
1 |
381 |
85.410.000₺ |
115 |
|
5 |
BALIKESİR |
2 |
182 |
35.356.782,00 ₺ |
60 |
|
6 |
BARTIN |
1 |
10 |
810.000,00 ₺ |
8 |
|
7 |
BURDUR |
1 |
72 |
5.990.000,00₺ |
40 |
|
8 |
BURSA |
1 |
322 |
35.330.000,00 ₺ |
50 |
|
9 |
EDİRNE |
2 |
138 |
6.845.035,00 ₺ |
28 |
|
10 |
ELAZIĞ |
1 |
28 |
2.720.000,00 ₺ |
10 |
|
11 |
HAKKARİ |
1 |
196 |
16.130.000,00 ₺ |
50 |
|
12 |
GİRESUN |
1 |
50 |
5.677.055,00 ₺ |
20 |
|
13 |
İSTANBUL |
12 |
2.098 |
242.899.065,00 ₺ |
689 |
|
14 |
İZMİR |
4 |
1396 |
449.610.000,00 ₺ |
665 |
|
15 |
KARS |
1 |
60 |
7.000.000,00 ₺ |
15 |
|
16 |
KIRKLARELİ |
1 |
95 |
6.585.826₺ |
25 |
|
17 |
KONYA |
2 |
184 |
32.611.513,00 ₺ |
50 |
|
18 |
MARDİN |
2 |
406 |
40.152.211,00₺ |
145 |
|
19 |
MERSİN |
1 |
352 |
36.772.000,00₺ |
50 |
|
20 |
MUĞLA |
9 |
1267 |
129.137.893,00 ₺ |
235 |
|
21 |
NEVŞEHİR |
4 |
301 |
43.514.804,00 ₺ |
63 |
|
22 |
ORDU |
1 |
152 |
42.710.000,00 ₺ |
46 |
|
23 |
SAKARYA |
4 |
1.878 |
348.250.720,00 ₺ |
633 |
|
24 |
SAMSUN |
1 |
36 |
5.000.000,00 ₺ |
20 |
|
25 |
TRABZON |
3 |
479 |
31.396.839,00₺ |
152 |
|
26 |
TEKİRDAĞ |
2 |
156 |
22.336.100,00 ₺ |
48 |
|
27 |
TOKAT |
1 |
40 |
4.917.701,00 ₺ |
12 |
|
28 |
VAN |
2 |
186 |
12.046.970,00 ₺ |
30 |
|
29 |
YALOVA |
1 |
162 |
21.114.500₺ |
50 |
|
30 |
ZONGULDAK |
1 |
192 |
13.464.419,79 ₺ |
30 |
|
|
TOTAL NUMBER OF HOTELS |
82 |
19.435 |
2.534.966.172,79 ₺ |
5.320 |
*In October 2019, Adıyaman, Aydın and Kırklareli were the provinces receiving an incentive for the first time during the year.