Forecast: Foreign Tourists Arrivals at Hotels in Turkey

In 2023, foreign tourist arrivals at hotels in Turkey stood at 34.933 million. Over the past decade, Turkey has experienced significant fluctuations in tourist arrivals, with notable peaks and troughs. The period between 2013 and 2016 saw a decline, culminating in a steep drop in 2016. The subsequent years showed a recovery trend, reaching a peak in 2019. The COVID-19 pandemic caused a severe decline in 2020, followed by a remarkable rebound in 2021 and 2022. However, 2023 experienced a 24.97% year-on-year decrease.

Future forecasts from 2024 to 2028 indicate a more stable and gradual growth, with an average annual growth rate (CAGR) of 3.17% over five years, projecting arrivals to reach around 42.674 million by 2028.

Future trends to watch for:

  • Impact of geopolitical stability in the region.
  • Post-pandemic travel behaviors and preferences.
  • Enhancements in Turkey's tourism infrastructure and services.
  • Trends in global economic conditions affecting travel spending.

Overall, while recent years have shown volatility, the long-term outlook suggests a positive trend in foreign tourist arrivals.

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