Turkey’s tourist industry has taken a big hit because of terrorist attacks, the aggression against its Kurdish minority and the number of Russian tourists dwindling, the Turkish Zaman newspaper reported.
According to the Aegean Touristic Enterprises and Lodging Association (ETHICS) chairman Mehmet Isler, Turkey is set to lose $4.5 billion in lost revenue as the country sets to lose nearly 4.5 million Russian tourists this year.
He added that that European tourists have changed their preferences back to Greece for a summer beach holiday. He believed that it was European “propaganda” that has escalated the severity of the terrorist attacks in Turkey.
In early January 10 German tourists were killed in an explosion in a central square in Istanbul’s historical city center
Zaman also claimed that up to 1,300 hotels have gone up for sale suggesting the tourist industry is no longer profitable.
Relations between Ankara and Moscow deteriorated after Turkey downed a Russian jet in Syria. Moscow in turn reacted by imposing economic constraints on Turkey, including the banning of packaged holiday deals to the country.