Strong Euro boosts Turkish property investments
Saturday, May 10, 2008
According to the Turkish Hotels Federation, demand for rental accommodations in Turkey has gone up this year as more and more tourists are visiting Turkey. Owners of holiday accommodation in Turkey should benefit from higher occupancy rates and healthy rental yields.
John Bevan of Lastminute.com recently said that Turkey is now most popular tourist destination because it is so much cheaper than many Eurozone members. The pound has touched a record low against the euro and the Eurozone currency is now worth 80 pence. This means that pound will not buy as many euros, making things more expensive for the British tourists in European countries. Turkey is becoming an increasingly popular destination among British tourists. Guardian has reported recently that Turkey is a good destination for Britons who want to travel abroad with a more favourable exchange rate.
Thomas Cook recently revealed that British leisure travelers are increasingly opting to head outside of the Eurozone. The present exchange rate of the pound against the euro was cited as one of the main reasons for tourists to head for countries that are not in the currency, such as Turkey.
Ahmet Barut, chairman of Turkish Hotels Federation said in an interview to TurkishPress.com that a record number of people are likely to visit Turkey in 2008 and he predicted about 27 million holidaymakers will visit Turkey this year.
Social BookmarkingJohn Bevan of Lastminute.com recently said that Turkey is now most popular tourist destination because it is so much cheaper than many Eurozone members. The pound has touched a record low against the euro and the Eurozone currency is now worth 80 pence. This means that pound will not buy as many euros, making things more expensive for the British tourists in European countries. Turkey is becoming an increasingly popular destination among British tourists. Guardian has reported recently that Turkey is a good destination for Britons who want to travel abroad with a more favourable exchange rate.
Thomas Cook recently revealed that British leisure travelers are increasingly opting to head outside of the Eurozone. The present exchange rate of the pound against the euro was cited as one of the main reasons for tourists to head for countries that are not in the currency, such as Turkey.
Ahmet Barut, chairman of Turkish Hotels Federation said in an interview to TurkishPress.com that a record number of people are likely to visit Turkey in 2008 and he predicted about 27 million holidaymakers will visit Turkey this year.
Labels: Holiday-property, Tourism
