Turkey’s tourism revenues hit $54.3 billion last year

Tourism revenues remained below the target of $55.6 billion, Treasury and Finance Minister Mehmet Şimşek commented.

“In line with the forecasts in the medium-term program, we expect the number of visitors to increase to 59.4 million and tourism revenue to $59.6 billion this year, as the tourism industry’s strong performance continues in 2024,” Şimşek wrote on X.

While individual expenditures constituted $41 billion of the total tourism income, another $13.25 billion came from package tour expenditures, the Turkish Statistical Institute (TÜİK) said.

The average per capita expenditure of visiting tourists was $952 in 2023, up from $905 in the previous year. The average expenditure per night rose nearly 12 percent from 2022 to $99.

Tourists’ food expenditure increased by 33.2 percent compared to 2022, while the increase in accommodation expenditure was 27 percent.

International transport costs were up 22.2 percent, according to the TÜİK data. Transport expenditure…