TREE NEWS update: Turkey’s tourism revenue reached $51.3 billion in the first nine months of the year, up 2.4% year on year and the highest on record for the period, Culture and Tourism Minister Mehmet Nuri Ersoy said on November 3. Third-quarter revenue alone rose 5% year on year to $25.5 billion, also a record.
Turkey’s tourism revenue hits record $51.3B in first nine months
The headline record masks a modest trajectory: full-period growth of 2.4% against a much stronger third quarter suggests the first half did more of the heavy lifting, and the third-quarter figure carries well over half the nine-month total. For a market where tourism is a key source of hard-currency earnings, the durability of that late-summer momentum matters more than the record itself. Whether the third-quarter pace holds into the final stretch of the year is the open question.
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