September 2018 Investment Incentive Report
September 2018
ACCOMMODATION SECTOR INVESTMENT INCENTIVE CERTIFICATES
TÜROB ASSESSMENT REPORT
The "Investment Incentive Certificates" issued by the Ministry of Trade of the Republic of Turkey for September 2018 were published in the Official Gazette dated 01.11.2018, and the said "Investment Incentive Certificates" have been compiled in terms of the accommodation sector by the Association of Turkish Hoteliers - TÜROB.
Accordingly;
a) September 2018
In September 2018, a total of 23 new hotel projects in 13 different cities nationwide received an "Incentive Certificate". The new investments, which will be completed with a total expenditure of 331.409 million Turkish Lira, will provide 951 new additional jobs to the sector. In September 2018, the number of hotels that received a Renovation Incentive was 2, and the investment amount was 16.789 million Turkish Lira.
With the completion of the investments to be made in 13 different cities, the bed capacity will increase by 2,434. In terms of the number of beds, Mugla ranked first with 581 beds, followed by Antalya with 454 beds.
|
SEPTEMBER 2018 INVESTMENT INCENTIVE CERTIFICATES |
||||
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
ANKARA |
1 |
48 |
3.329.905 |
15 |
|
ANTALYA |
2 |
454 |
76.848.052 |
200 |
|
BATMAN |
1 |
50 |
9.776.902 |
16 |
|
DENIZLI |
2 |
244 |
41.848.779 |
46 |
|
DUZCE |
1 |
118 |
17.053.405 |
25 |
|
EDIRNE |
1 |
196 |
46.226.000 |
75 |
|
GIRESUN |
1 |
34 |
1.200.000 |
10 |
|
HATAY |
2 |
74 |
5.905.984 |
30 |
|
ISTANBUL |
3 |
411 |
64.970.000 |
240 |
|
MUGLA |
3 |
581 |
44.915.096 |
180 |
|
TEKIRDAG |
1 |
100 |
1.889.930 |
25 |
|
TRABZON |
4 |
202 |
11.220.430 |
64 |
|
VAN |
1 |
72 |
6.225.000 |
25 |
|
TOTAL |
23 |
2.584 |
331.409.483 |
951 |
b) Distribution of hotels by star category, September 2018;
Among the hotels that received an incentive certificate, 3-star hotels rank first with a total of 16 hotels.
|
SEPTEMBER 2018 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
2 |
622 |
|
4* |
5 |
942 |
|
3* |
16 |
1.020 |
|
Total |
23 |
2.584 |
c) Distribution of hotels by star category, January – September 2018;
Among the hotels that received an incentive certificate in the first nine months of 2018, 3-star hotels ranked first with a total of 74 hotels, while in terms of capacity 5-star hotels ranked first with 7,504 beds.
|
JANUARY-SEPTEMBER 2018 |
||
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
14 |
7.504 |
|
4* |
25 |
4.823 |
|
3* |
74 |
6.800 |
|
2* |
1 |
84 |
|
Boutique |
15 |
1.117 |
|
Specially Licensed |
5 |
363 |
|
Total |
134 |
20.691 |
d) Comparison of the September periods 2014-2015-2016-2017-2018
When compared with the figures of the previous September period, it is seen that while there was an increase in the number of hotels, there was a decline in the number of beds.
|
Comparison of September 2014-2015-2016-2017-2018 |
|||||
|
Year |
Number of Provinces |
Number of Hotels |
Number of Beds |
New Employment |
Investment Amount |
|
2014 |
15 |
23 |
5.074 |
1.285 |
296,80million TL |
|
2015 |
5 |
10 |
4.482 |
1.182 |
413,20million TL |
|
2016 |
12 |
14 |
4.594 |
1.342 |
305,20million TL |
|
2017 |
10 |
15 |
3.677 |
887 |
280,79million TL |
|
2018 |
13 |
23 |
2.584 |
951 |
331,40million TL |
e) Comparison of the January-September periods 2014-2015-2016-2017-2018
When compared with the figures of the previous January-September period, it is seen that there was a decline in capacity, investment amount and employment.
|
Comparison of January – September 2014-2015-2016-2017-2018 |
|||||
|
Year |
Number of Provinces |
Number of Hotels |
Number of Beds |
New Employment |
Investment Amount |
|
2014 |
51 |
229 |
58.832 |
13.824 |
3.650,90million TL |
|
2015 |
48 |
172 |
38.976 |
9.549 |
2.662,80million TL |
|
2016 |
37 |
131 |
28.868 |
7.476 |
2.266,83million TL |
|
2017 |
46 |
140 |
24.761 |
6.785 |
2.305,6million TL |
|
2018 |
47 |
134 |
20.691 |
6.097 |
2.158,9million TL |
January – September 2018 Turkey-Wide Province-Based Investment Incentive List
|
JANUARY – SEPTEMBER 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 |
AFYONKARAHISAR |
1 |
2.830 |
367.900.000 |
1.000 |
|
3 |
AGRI |
2 |
260 |
23.550.000 |
110 |
|
4 |
AMASYA |
1 |
40 |
2.990.000 |
12 |
|
5 |
ANKARA |
2 |
368 |
35.329.905 |
40 |
|
6 |
ANTALYA |
14 |
3.070 |
308.170.052 |
924 |
|
7 |
ARTVIN |
1 |
36 |
4.200.000 |
15 |
|
8 |
AYDIN |
1 |
680 |
99.830.000 |
110 |
|
9 |
BALIKESIR |
4 |
628 |
79.520.000 |
175 |
|
10 |
BATMAN |
1 |
50 |
9.776.902 |
16 |
|
11 |
BOLU |
2 |
194 |
12.630.000 |
55 |
|
12 |
BURDUR |
1 |
96 |
2.000.000 |
25 |
|
13 |
BURSA |
3 |
234 |
21.225.000 |
75 |
|
14 |
CANAKKALE |
4 |
244 |
14.370.000 |
67 |
|
15 |
DENIZLI |
2 |
244 |
41.848.779 |
46 |
|
16 |
DUZCE |
2 |
138 |
17.803.405 |
31 |
|
17 |
EDIRNE |
2 |
314 |
48.706.000 |
97 |
|
18 |
ERZINCAN |
1 |
62 |
2.260.000 |
19 |
|
19 |
GAZIANTEP |
2 |
266 |
32.700.000 |
80 |
|
20 |
GIRESUN |
3 |
342 |
32.450.000 |
105 |
|
21 |
HATAY |
2 |
74 |
5.905.984 |
30 |
|
22 |
IGDIR |
1 |
110 |
2.650.000 |
22 |
|
23 |
ISTANBUL |
14 |
2.425 |
348.949.025 |
724 |
|
24 |
IZMIR |
6 |
855 |
127.452.060 |
246 |
|
25 |
KARABUK |
1 |
132 |
11.000.000 |
35 |
|
26 |
KARS |
1 |
152 |
5.220.000 |
15 |
|
27 |
MALATYA |
1 |
66 |
3.850.000 |
15 |
|
28 |
MANISA |
1 |
153 |
7.900.000 |
23 |
|
29 |
MERSIN |
4 |
296 |
15.024.000 |
80 |
|
30 |
KIRKLARELI |
1 |
36 |
3.500.000 |
12 |
|
31 |
MUGLA |
9 |
1.701 |
135.555.096 |
480 |
|
32 |
NEVSEHIR |
4 |
310 |
24.998.000 |
96 |
|
33 |
ORDU |
2 |
150 |
6.800.000 |
35 |
|
34 |
OSMANIYE |
1 |
196 |
18.680.000 |
100 |
|
35 |
RIZE |
2 |
160 |
10.300.000 |
50 |
|
36 |
SAKARYA |
2 |
498 |
49.960.000 |
145 |
|
37 |
SAMSUN |
3 |
420 |
33.664.296 |
120 |
|
38 |
SANLIURFA |
2 |
53 |
3.900.000 |
35 |
|
39 |
SIRNAK |
3 |
428 |
30.509.000 |
60 |
|
40 |
SIVAS |
1 |
166 |
16.110.000 |
45 |
|
41 |
TEKIRDAG |
1 |
100 |
1.889.930 |
25 |
|
42 |
TOKAT |
1 |
40 |
3.170.000 |
35 |
|
43 |
TRABZON |
12 |
1.253 |
66.882.733 |
379 |
|
44 |
TUNCELI |
1 |
48 |
2.826.000 |
15 |
|
45 |
USAK |
1 |
40 |
3.050.000 |
40 |
|
46 |
VAN |
5 |
439 |
36.425.000 |
150 |
|
47 |
YALOVA |
2 |
198 |
19.490.000 |
60 |
|
|
TOTAL |
134 |
20.691 |
2.158.971.167 |
6.097 |
*In September 2018, Batman, Denizli, Hatay and Tekirdag became provinces to receive an incentive for the first time during the year.
©TÜROB-November 2018