Turkey Hotel Market will be US$ 11.6 Billion by 2026

According to the most recent report by Renub Research, titled "Turkey Hotel Market & Volume, Budget & Star Rated Hotel ( 1st, 2nd, 3rd, 4th, 5th) Star, City, Province, Chain Hotel (International, Domestic), Company (Hilton, Marriott, Radisson, Accor) & Forecast," Turkey has become a hotspot for tourist trying to find leisure activities. Turkey could be a combination of natural beauty, along with historical and cultural sites. Turkey has been ranked because of the 6th most visited country in the year 2019. the town like Istanbul, which is the cultural and historical capital of Turkey, attracts a large number of tourist alongside Antalya. The number of tourists in Turkey has grown significantly in recent years for other cities in Turkey like Mugla, Izmir, Aydin, Ankara, Mersin, Busra, Afyonkarahisar and Balikesir. This growth is also propelling Turkey Hotel Market because of the availability of a high number of hotels at affordable prices. According to Renub Research analysis, Turkey Hotel Market is forecasted to be US$ 11.6 Billion by the end of the year 2026.

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