September 2019 Investment Incentive Report
September 2019
ACCOMMODATION SECTOR INVESTMENT INCENTIVE CERTIFICATES
TÜROB ASSESSMENT REPORT
The “Investment Incentive Certificates” issued by the Republic of Türkiye Ministry of Trade for September 2019 were published in the Official Gazette dated 01.11.2019, and the said “Investment Incentive Certificates” have been compiled with regard to the accommodation sector by the Association of Turkish Hoteliers - TÜROB.
Accordingly;
a) September 2019
In September 2019, a total of 10 new hotel projects in 8 different cities nationwide received an “Incentive Certificate.” Following the new investments, which will be completed with total spending of 380.8 million Turkish Lira, 894 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 3,287. In terms of the number of beds, Antalya ranked first with 1,136 beds.
In September 2019, the number of hotels receiving a Renovation Incentive was 2, and the investment amount was 7.21 million Turkish Lira.
|
SEPTEMBER 2019 INVESTMENT INCENTIVE CERTIFICATES |
|||||
|
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
1 |
AFYONKARAHİSAR |
1 |
98 |
2.952.000 |
30 |
|
2 |
ANTALYA |
2 |
1.136 |
74.120.000 |
185 |
|
3 |
İSTANBUL |
1 |
568 |
48.467.600 |
284 |
|
4 |
İZMİR |
1 |
500 |
138.410.000 |
200 |
|
5 |
MARDİN |
1 |
140 |
16.652.211 |
35 |
|
6 |
MUĞLA |
2 |
515 |
71.430.000 |
60 |
|
7 |
SAKARYA |
1 |
168 |
7.696.160 |
50 |
|
8 |
YALOVA |
1 |
162 |
21.114.500 |
50 |
|
|
TOTAL |
10 |
3.287 |
380.842.471 |
894 |
b) Distribution of hotels by star category, September 2019;
Among the hotels that received an incentive certificate, 5-star hotels rank first with a total of 1,910 beds.
SEPTEMBER 2019
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
3 |
1.910 |
|
4* |
5 |
1.194 |
|
3* |
1 |
168 |
|
Special Certificate |
1 |
15 |
|
Total |
10 |
3.287 |
c) Distribution of hotels by star category, January-September 2019;
Among the hotels that received an incentive certificate in the first nine months of 2019, 3-star hotels ranked first with a total of 23 hotels, while in terms of capacity 5-star hotels ranked first with 10,436.
JANUARY-SEPTEMBER 2019
|
INVESTMENT INCENTIVE LIST |
||
|
Class |
Number of Hotels |
Number of Beds |
|
5* |
18 |
10.436 |
|
4* |
21 |
4.905 |
|
3* |
23 |
2.038 |
|
2* |
1 |
50 |
|
Boutique |
6 |
364 |
|
Special Certificate |
4 |
149 |
|
Total |
73 |
17.942 |
d) Comparison of the September periods of 2014-2015-2016-2017-2018-2019
|
Comparison of the month of September for the years 2014-2015-2016-2017-2018-2019 |
|||||
|
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 |
|
2019 |
8 |
10 |
3.287 |
894 |
380.84Million TL |
e) Comparison of the January-September periods of 2014-2015-2016-2017-2018-2019
|
Comparison of January-September for the years 2014-2015-2016-2017-2018-2019 |
|||||
|
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 |
|
2019 |
27 |
73 |
17.942 |
4.871 |
2.322,76 Million TL |
January - September 2019 Türkiye-Wide Province-Based Investment Incentive List
|
|
JANUARY - SEPTEMBER 2019 INVESTMENT INCENTIVE CERTIFICATES |
||||
|
|
Provinces |
Total Number of Hotels |
Beds |
Investment TL (Thousand TL) |
Employment |
|
1 |
AFYONKARAHİSAR |
1 |
98 |
2.952.000,00₺ |
30 |
|
2 |
ANTALYA |
16 |
8042 |
816.922.059,00 ₺ |
1.832 |
|
3 |
BALIKESİR |
1 |
102 |
27.933.077,00 ₺ |
30 |
|
4 |
BARTIN |
1 |
10 |
810.000,00 ₺ |
8 |
|
5 |
BURDUR |
1 |
72 |
5.990.000,00₺ |
40 |
|
6 |
BURSA |
1 |
322 |
35.330.000,00 ₺ |
50 |
|
7 |
EDİRNE |
2 |
138 |
6.845.035,00 ₺ |
28 |
|
8 |
ELAZIĞ |
1 |
28 |
2.720.000,00 ₺ |
10 |
|
9 |
HAKKARİ |
1 |
196 |
16.130.000,00 ₺ |
50 |
|
10 |
GİRESUN |
1 |
50 |
5.677.055,00 ₺ |
20 |
|
11 |
İSTANBUL |
10 |
1935 |
192.892.913,00 ₺ |
649 |
|
12 |
İZMİR |
4 |
1396 |
449.610.000,00 ₺ |
665 |
|
13 |
KARS |
1 |
60 |
7.000.000,00 ₺ |
15 |
|
14 |
KONYA |
2 |
184 |
32.611.513,00 ₺ |
50 |
|
15 |
MARDİN |
1 |
140 |
16.652.211,00₺ |
35 |
|
16 |
MERSİN |
1 |
352 |
36.772.000,00₺ |
50 |
|
17 |
MUĞLA |
9 |
1267 |
129.137.893,00 ₺ |
235 |
|
18 |
NEVŞEHİR |
3 |
269 |
35.539.804,00 ₺ |
53 |
|
19 |
ORDU |
1 |
152 |
42.710.000,00 ₺ |
46 |
|
20 |
SAKARYA |
4 |
1.878 |
348.250.720,00 ₺ |
633 |
|
21 |
SAMSUN |
1 |
36 |
5.000.000,00 ₺ |
20 |
|
22 |
TRABZON |
3 |
479 |
31.396.839,00₺ |
152 |
|
23 |
TEKİRDAĞ |
2 |
156 |
22.336.100,00 ₺ |
48 |
|
24 |
TOKAT |
1 |
40 |
4.917.701,00 ₺ |
12 |
|
25 |
VAN |
2 |
186 |
12.046.970,00 ₺ |
30 |
|
26 |
YALOVA |
1 |
162 |
21.114.500₺ |
50 |
|
27 |
ZONGULDAK |
1 |
192 |
13.464.419,79 ₺ |
30 |
|
|
TOTAL NUMBER OF HOTELS |
73 |
17.942 |
2.322.762.809,79 ₺ |
4.871 |
*In September 2019, Yalova, Mardin and Afyonkarahisar were the provinces receiving an incentive for the first time during the year.