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Published: Apr, 2014 | Pages:
139 | Publisher: Timetric
Industry: Travel Services | Report Format: Electronic (PDF)
Synopsis
The report provides detailed market analysis, information and insights, including:
Historic and forecast tourist volumes covering the entire Turkish travel and tourism sector
Detailed analysis of tourist spending patterns in Turkey for various categories in the travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
Detailed market classification across each category, with analysis using similar metrics
Detailed analysis of the airline, hotel, car rental and travel intermediaries industries
Summary
The Turkish travel and tourism sector performed well during the review period (2009-2013), with growth recorded in both domestic and international tourist volumes. Timetric expects the growth to continue over the forecast period (2014-2018), driven by government initiatives to promote Turkish tourism offerings in key European source markets and emerging markets such as India, growth in business-related tourism, and an increase in air traffic.
Scope
This report provides an extensive analysis related to tourism demands and flows in Turkey:
It details historical values for the Turkish tourism sector for 2009-2013, along with forecast figures for 2014-2018.
It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009-2013 review period and the 2014-2018 forecast period.
The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Turkey.
It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries, with values for both the 2009-2013 review period and the 2014-2018 forecast period.
Reason To Buy
Take strategic business decisions using historic and forecast market data related to the Turkish travel and tourism sector.
Understand the demand-side dynamics within the Turkish travel and tourism sector, along with key market trends and growth opportunities.
Key Highlights
The tourism sector relies heavily on spending by international arrivals; inbound tourism expenditure totaled TRY32.3 billion (US$17.1 billion) in 2013, compared to TRY22.4 billion (US$11.8 billion) from domestic travel in the same year. This is despite the domestic tourism volume being more than double international arrivals (69.2 million domestic trips against 32.8 million international arrivals) in 2013.
Istanbul, the capital city, is a leading tourism hub. MasterCard's Global Destination Cities Index 2013 ranked the city the third-most-visited city in the world. The number of arrivals to Istanbul increased at a rate of 9.5% in 2012 to reach 10.37 million in 2013.
Turkey is making continuous efforts to promote itself as a leading medical tourism destination. According to the Turkish Ministry of Health, the country received 270,000 medical tourists in 2012. The country's medical tourism offerings include dentistry, optometry, orthopedics, plastic surgery, spa and healthcare services. In February 2013, the Turkish parliament passed a regulation favoring private investment in the healthcare sector. The country is also planning to introduce tax-free healthcare zones to increase the number of medical tourists to the country and the foreign investment in Turkey's medical sector. The Ministry of Health expects medical tourists to rise from 270,000 in 2012 to 500,000 in 2015, and to 2.0 million by 2023.
To attract more visitors from key European countries such as Germany, Russia and Ukraine, the Turkish Ministry of Culture and Tourism launched a promotional campaign in the key cities of the aforementioned countries in association with Turkish Hoteliers Federation (TUROFED) in 2013. As part of the campaign, tourism advertisements were seen on the covers of popular magazines in Germany for four months. In Russia and Ukraine, 150,000 magazines providing information on tourism in Turkey were distributed in Moscow, St. Petersburg and Kiev.
Passenger traffic growth is expected to slow over the forecast period to a CAGR of 6.76%. The country's airlines are maintaining capacity discipline and are adopting a conservative approach to capacity increases to better match demand with supply. Increasing demand and capacity reductions in less profitable markets will enable the airlines to continue to improve yields and generate revenue. Total airline revenue is expected to increase at a forecast-period CAGR of 9.34%.
Turkey, with its increasing domestic and international tourist volumes driving the growing demand for accommodation, also observed an increase in investment in the hotel market. Istanbul is a key entry point for hotel brands that have still not entered the Turkish market. Following the success of the tourism sector in the country, several new hotels have opened and many others are scheduled for the future.
Turkey's car rental market recorded a CAGR of 14.66% during the review period to reach a market value of TRY343.8 million (US$181.8 million) in 2013. The majority of car rental revenues are generated at non-airport locations. In 2013, the non-airport car rental value accounted for 47.9% of the total. Leisure car rentals accounted for 62.4% of the total car rental value in 2013 and business car rentals accounted for 31.3%.
Turkish travel intermediaries' industry value increased at a review-period CAGR of 12.50% to reach TRY15.2 billion (US$8.0 billion) in 2013. During the review period, tour operators and travel agents launched marketing and promotional activities, such as discounts on prior reservations and equated monthly installment (EMI)options for credit card holders to attract more international and domestic tourists.
1 Executive Summary 1.1.1 Growth in medical tourism 1.1.2 Increasing demand for air travel 1.1.3 Istanbul - the third-most-visited country in the world 2 Travel and Tourism Sector In Context 3 Country Fact Sheet 4 Tourism Flows 4.1.1 Domestic tourism 4.1.2 Inbound tourism 4.1.3 Outbound tourism 4.2.1 Growth in business tourism 4.2.2 Promotiol campaigns 4.2.3 Medical tourism development 4.2.4 Depreciating lira 4.2.5 Organizing intertiol events 4.2.6 Tourism promotion by other countries 4.2.7 Expected visa-free travel for Turks to EU by 2017 4.3.1 Domestic tourism 4.3.2 Inbound tourism 4.3.3 Outbound tourism 5 Airlines 5.2.1 New airport termil 5.2.2 Growth of Turkish Airlines 5.2.3 Privatization of airports 6 Hotels 6.2.1 High hotel investment 7 Car Rental 7.2.1 Low vehicle ownership 8 Travel Intermediaries 8.2.1 Arab Spring and LCC expansion strengthened business 8.2.2 Promoting domestic tourism 9 Tourism Board Profile 10 Airport Profiles 10.1.1 Overview 10.1.2 Operator profile 10.1.3 Routes 11 Company Profiles - Airlines 11.1.1 Turk Hava Yollari AO - company overview 11.1.2 Turk Hava Yollari AO - business description 11.1.3 Turk Hava Yollari AO - main services and brands 11.1.4 Turk Hava Yollari AO - history 11.1.5 Turk Hava Yollari AO - SWOT alysis 11.1.6 Turk Hava Yollari AO - strengths 11.1.7 Turk Hava Yollari AO - weaknesses 11.1.8 Turk Hava Yollari AO - opportunities 11.1.9 Turk Hava Yollari AO - threats 11.1.10 Turk Hava Yollari AO - key employees 11.2.1 Onur Air - company overview 11.2.2 Onur Air - main services 11.2.3 Onur Air - key employees 11.3.1 Pegasus Airlines Inc. - company overview 11.3.2 Pegasus Airlines Inc. - main services 11.3.3 Pegasus Airlines Inc. - key employees 11.4.1 Gune? Ekspress Havac?l?k AS - company overview 11.4.2 Gune? Ekspress Havac?l?k AS - main services 11.4.3 Gune? Ekspress Havac?l?k AS - key employees 11.5.1 Atlasjet Havac?l?k AS - company overview 11.5.2 Atlasjet Havac?l?k AS - main services 11.5.3 Atlasjet Havac?l?k AS - key employees 12 Company Profiles - Hotels 12.1.1 Wyndham Hotels Turkey - company overview 12.1.2 Wyndham Hotels Turkey - main services and brands 12.1.3 Wyndham Hotels Turkey - key employees 12.2.1 Anemon Hotels - company overview 12.2.2 Anemon Hotels - main services 12.3.1 Hilton Hotels Turkey - company overview 12.3.2 Hilton Hotels Turkey - main services 12.3.3 Hilton Hotels Turkey - key employees 12.4.1 Dedeman Hotels & Resorts Intertiol- company overview 12.4.2 Dedeman Hotels & Resorts Intertiol - business description 12.4.3 Dedeman Hotels & Resorts Intertiol - main services and brands 12.4.4 Dedeman Hotels & Resorts Intertiol - history 12.4.5 Dedeman Hotels & Resorts Intertiol - SWOT alysis 12.4.6 Dedeman Hotels & Resorts Intertiol - strengths 12.4.7 Dedeman Hotels & Resorts Intertiol - weaknesses 12.4.8 Dedeman Hotels & Resorts Intertiol - opportunities 12.4.9 Dedeman Hotels & Resorts Intertiol - threats 12.4.10 Dedeman Hotels & Resorts Intertiol - key employees 12.5.1 InterContinental Hotels Turkey - company overview 12.5.2 InterContinental Hotels Turkey - main services 12.5.3 InterContinental Hotels Turkey - key employees 13 Company Profiles - Car Rental 13.1.1 Avis Turkey - company overview 13.1.2 Avis Turkey - main services 13.1.3 Avis Turkey - key employees 13.2.1 Car Rent Istanbul - company overview 13.2.2 Car Rent Istanbul - main services 13.3.1 Proper Car Rental - company overview 13.3.2 Proper Car Rental - main services 13.4.1 Europcar Turkey Car Rental - company overview 13.4.2 Europcar Turkey Car Rental - main services 13.4.3 Europcar Turkey Car Rental - key employees 13.5.1 Intercity Rent a Car - company overview 13.5.2 Intercity Rent a Car - main services 14 Company Profiles - Travel Intermediaries 14.1.1 TUI Turkey - company overview 14.1.2 TUI Turkey - main services 14.2.1 Thomas Cook Turkey - company overview 14.2.2 Thomas Cook Turkey - main services 14.2.3 Thomas Cook Turkey - key employees 14.3.1 Budget Tours Turkey - company overview 14.3.2 Budget Tours Turkey - main services 14.3.3 Budget Tours Turkey - key employees 14.4.1 Mercan Tourism - company overview 14.4.2 Mercan Tourism - main services 14.4.3 Mercan Tourism - key employees 14.5.1 Dia Travel - company overview 14.5.2 Dia Travel - main services 15 Market Data Alysis 15.1.1 Total tourism output 15.1.2 Direct tourism output 15.1.3 Indirect tourism output 15.1.4 Tourism output per employee 15.1.5 Direct tourism output per employee 15.1.6 Indirect tourism output per employee 15.2.1 Total tourism employment 15.2.2 Direct tourism employment 15.2.3 Indirect tourism employment 15.2.4 Tourism employee compensation 15.2.5 Total gross income generated by total tourism employment 15.3.1 Domestic trips by purpose of visit 15.3.2 Number of overnight stays 15.3.3 Total domestic tourist expenditure 15.3.4 Average expenditure per domestic tourist by category 15.4.1 Intertiol arrivals by region 15.4.2 Intertiol arrivals by purpose of visit 15.4.3 Total inbound tourism expenditure by category 15.4.4 Average intertiol tourist expenditure by category 15.5.1 Intertiol departures by region 15.5.2 Intertiol departures by purpose of visit 15.5.3 Number of overnight stays 15.5.4 Total outbound tourism expenditure by category 15.5.5 Average outbound expenditure per resident by category 15.6.1 Seats available 15.6.2 Seats sold by carrier type - business travel 15.6.3 Seats sold by carrier type - leisure travel 15.6.4 Load factor by carrier type 15.6.5 Passenger kilometers available by carrier type 15.6.6 Revenue-generating passenger kilometers by carrier type 15.6.7 Revenue per passenger by carrier type 15.6.8 Total revenue by carrier type 15.7.1 Establishments by hotel category 15.7.2 Available rooms by hotel category 15.7.3 Room occupancy rate by hotel category 15.7.4 Room nights available by hotel category 15.7.5 Room nights occupied by hotel category 15.7.6 Average revenue per available room by hotel category 15.7.7 Revenue per occupied room by hotel category 15.7.8 Total revenue per available room by hotel category 15.7.9 Total revenue by hotel category and customer type 15.7.10 Guests by hotel category and customer type 15.8.1 Market value by customer type and rental location 15.8.2 Fleet size 15.8.3 Rental occasions 15.8.4 Rental days and length 15.8.5 Average rental length 15.8.6 Utilization rate 15.8.7 Average revenue per day 15.9.1 Market value by product type 15.9.2 Online revenues by type of intermediary or provider 15.9.3 Online revenues by type of tourist 15.9.4 In-store revenues by type of intermediary 15.9.5 In-store revenues by type of tourist 15.9.6 Travel agent revenues from domestic tourism, by sales channel 15.9.7 Travel agent revenues from intertiol tourism by sales channel 15.9.8 Tour operator revenues from domestic tourism, by sales channel 15.9.9 Tour operator revenues from intertiol tourism, by sales channel 15.9.10 Other intermediaries revenues from domestic tourism, by sales channel 15.9.11 Other intermediaries revenues from intertiol tourism by sales channel 16 Appendix
List of Tables
Table 1: Turkey - Tourist Arrivals from Top-10 Countries (Thousand), 2009-2018 Table 2: Turkey - Tourist Departures to Top-10 Countries (Thousand), 2009-2018 Table 3: Turkey: Top-10 Hotels by Volume, 2013 Table 4: Ministry of Culture and Tourism, Turkey - Key Facts and Locations Table 5: Ataturk Intertiol Airport, Istanbul? Overview Table 6: Antalya Intertiol Airport, Antalya - Overview Table 7: Istanbul Sabiha Gokcen Intertiol Airport, Istanbul - Overview Table 8: Esenbo?a Intertiol Airport, Ankara- Overview Table 9: Turk Hava Yollari AO, Key Facts Table 10: Turk Hava Yollari AO, Main Services and Brands Table 11: Turk Hava Yollari AO, History Table 12: Turk Hava Yollari AO, Key Employees Table 13: Onur Air, Key Facts Table 14: Onur Air, Main Services Table 15: Onur Air, Key Employees Table 16: Pegasus Airlines Inc., Key Facts Table 17: Pegasus Airlines Inc., Main Services Table 18: Pegasus Airlines Inc., Key Employees Table 19: Gune? Ekspress Havac?l?k AS, Key Facts Table 20: Gune? Ekspress Havac?l?k AS, Main Services Table 21: Gune? Ekspress Havac?l?k AS, Key Employees Table 22: Atlasjet Havac?l?k AS, Key Facts Table 23: Atlasjet Havac?l?k AS, Main Services Table 24: Atlasjet Havac?l?k AS, Key Employees Table 25: Wyndham Hotels Turkey, Key Facts Table 26: Wyndham Hotels Turkey, Main Services and Brands Table 27: Wyndham Hotels Turkey, Key Employees Table 28: Anemon Hotels, Key Facts Table 29: Anemon Hotels, Main Services Table 30: Hilton Hotels Turkey, Key Facts Table 31: Hilton Hotels Turkey, Main Services and Brands Table 32: Hilton Hotels Turkey, Key Employees Table 33: InterContinental Hotels Turkey, Key Facts Table 34: InterContinental Hotels Turkey, Main Services and Brands Table 35: InterContinental Hotels Turkey, Key Employees Table 36: Avis Turkey, Key Facts Table 37: Avis Turkey, Main Services Table 38: Avis Turkey, Key Employees Table 39: Car Rent Istanbul, Key Facts Table 40: Car Rent Istanbul, Main Services Table 41: Proper Car Rental, Key Facts Table 42: Proper Car Rental, Main Services Table 43: Europcar Turkey Car Rental, Key Facts Table 44: Europcar Turkey Car Rental, Main Services Table 45: Europcar Turkey Car Rental, Key Employees Table 46: Intercity Rent a Car, Key Facts Table 47: Intercity Rent a Car, Main Services Table 48: TUI Turkey, Key Facts Table 49: TUI Turkey, Main Services Table 50: Thomas Cook Turkey, Key Facts Table 51: Thomas Cook Turkey, Main Services Table 52: Thomas Cook Turkey, Key Employees Table 53: Budget Tours Turkey, Key Facts Table 54: Budget Tours Turkey, Main Services Table 55: Budget Tours Turkey, Key Employees Table 56: Mercan Tourism, Key Facts Table 57: Mercan Tourism, Main Services Table 58: Mercan Tourism, Key Employees Table 59: Dia Travel, Key Facts Table 60: Dia Travel, Main Services Table 61: Turkey - Total Tourism Output by Category (TRY Billion), 2009-2018 Table 62: Turkey - Direct Tourism Output by Category (TRY Billion), 2009-2018 Table 63: Turkey - Indirect Tourism Output by Category (TRY Billion), 2009-2018 Table 64: Turkey - Total Tourism Output Generated per Employee by Category (TRY Thousand), 2009-2018 Table 65: Turkey - Direct Tourism Output Generated per Employee by Category (TRY Thousand), 2009-2018 Table 66: Turkey - Indirect Tourism Output Generated per Employee by Category (TRY Thousand), 2009-2018 Table 67: Turkey - Total Tourism Employment by Category (Thousand), 2009-2018 Table 68: Turkey - Total Tourism Employment as a Percentage of Total Employment by Category (%), 2009-2018 Table 69: Turkey - Direct Tourism Employment by Category (Thousand), 2009-2018 Table 70: Turkey - Direct Tourism Employment as a Percentage of Total Employment by Category (%), 2009-2018 Table 71: Turkey - Indirect Tourism Employment by Category (Thousand), 2009-2018 Table 72: Turkey - Indirect Tourism Employment as a Percentage of Total Employment by Category (%), 2009-2018 Table 73: Turkey - Average Salary per Employee by Category (TRY), 2009-2018 Table 74: Turkey - Total Gross Income Generated by Total Tourism Employment by Category (TRY Million), 2009-2018 Table 75: Turkey - Number of Trips by Purpose (Million), 2009-2018 Table 76: Turkey - Overnight Stays (Million), 2009-2018 Table 77: Turkey - Total Domestic Tourism Expenditure by Category (TRY Billion), 2009-2018 Table 78: Turkey - Average Expenditure per Domestic Tourist by Category (TRY), 2009-2018 Table 79: Turkey - Intertiol Arrivals by Region (Thousands), 2009-2018 Table 80: Turkey - Intertiol Arrivals by Purpose of Visit (Thousand), 2009-2018 Table 81: Turkey - Total Inbound Tourism Expenditure by Category (TRY Million), 2009-2018 Table 82: Turkey - Average Expenditure per Inbound Tourist by Category (TRY), 2009-2018 Table 83: Turkey - Intertiol Departures by Region (Thousands), 2009-2018 Table 84: Turkey - Intertiol Departures by Purpose of Visit (Thousand), 2009-2018 Table 85: Turkey - Overnight Stays (Million), 2009-2018 Table 86: Turkey - Total Outbound Tourism Expenditure by Category (TRY Million), 2009-2018 Table 87: Turkey - Average Outbound Expenditure per Resident by Category (TRY), 2009-2018 Table 88: Turkey - Seats Available by Carrier Type (Thousand), 2009-2018 Table 89: Turkey - Seats Sold by Carrier Type - Business Travel (Thousand), 2009-2018 Table 90: Turkey - Seats Sold by Carrier Type - Leisure Travel (Thousand), 2009-2018 Table 91: Turkey - Load Factor by Carrier Type (%), 2009-2018 Table 92: Turkey - Passenger Kilometers Available by Carrier Type (Million), 2009-2018 Table 93: Turkey - Revenue-Generating Passenger Kilometers by Carrier Type (Million), 2009-2018 Table 94: Turkey - Revenue per Passenger by Carrier Type (TRY), 2009-2018 Table 95: Turkey - Total Revenue by Carrier Type (TRY Million), 2009-2018 Table 96: Turkey - Establishments by Category (Actual), 2009-2018 Table 97: Turkey - Available Hotel Rooms by Hotel Category (Thousand), 2009-2018 Table 98: Turkey - Room Occupancy Rate by Hotel Category (%), 2009-2018 Table 99: Turkey - Room Nights Available by Hotel Category (Million), 2009-2018 Table 100: Turkey - Room Nights Occupied by Hotel Category (Million), 2009-2018 Table 101: Turkey - Average Revenue per Available Room by Hotel Category (TRY), 2009-2018 Table 102: Turkey - Revenue per Occupied Room by Hotel Category (TRY), 2009-2018 Table 103: Turkey - Total Revenue per Available Room by Hotel Category (TRY), 2009-2018 Table 104: Turkey - Total Revenue by Hotel Category and Customer Type (TRY Million), 2009-2018 Table 105: Turkey - Guests by Hotel Category and Customer Type (Thousand), 2009-2018 Table 106: Turkey - Market Value by Customer Type and Rental Location (TRY Million), 2009-2018 Table 107: Turkey - Fleet Size (Actual), 2009-2018 Table 108: Turkey - Rental Occasions (Million), 2009-2018 Table 109: Turkey - Rental Days (Million), 2009-2018 Table 110: Turkey - Average Rental Length (Days), 2009-2018 Table 111: Turkey - Market Utilization Rate (%), 2009-2018 Table 112: Turkey - Car Rental Average Revenue per Day (TRY), 2009-2018 Table 113: Turkey - Travel Intermediaries Market Value by Product Type (TRY Billion), 2009-2018 Table 114: Turkey - Travel Intermediaries Online Revenues by Provider (TRY Million), 2009-2018 Table 115: Turkey - Travel Intermediaries Online Revenues by Type of Tourist (TRY Million), 2009-2018 Table 116: Turkey - Travel Intermediaries In-Store Revenues by Provider (TRY Million), 2009-2018 Table 117: Turkey - Travel Intermediaries In-Store Revenues by Type of Tourist (TRY Million), 2009-2018 Table 118: Turkey - Travel Agent Revenues from Domestic Tourism by Sales Channel (TRY Million), 2009-2018 Table 119: Turkey - Travel Agent Revenues from Intertiol Tourism by Sales Channel (TRY Million), 2009-2018 Table 120: Turkey - Tour Operator Revenues from Domestic Tourism by Sales Channel (TRY Million), 2009-2018 Table 121: Turkey - Tour Operator Revenues from Intertiol Tourism by Sales Channel (TRY Million), 2009-2018 Table 122: Turkey - Other Intermediaries Revenues from Domestic Tourism by Sales Channel (TRY Million), 2009-2018 Table 123: Turkey - Other Intermediaries Revenues from Intertiol Tourism by Sales Channel (TRY Million), 2009-2018 Table 124: Timetric Travel and Tourism Sector Definitions
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