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Hospitality in Turkey 乐鱼体育官网 Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Turkey Hospitality 乐鱼体育官网 Statistics and Share, And It is Categorized by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, And Luxury Hotels). The Report Offers the 乐鱼体育官网 Size of Hospitality in Turkey in Value Terms in USD for all the Abovementioned Segments.

Turkey Hospitality 乐鱼体育官网 Size

Turkey Hospitality 乐鱼体育官网 Summary

Turkey Hospitality 乐鱼体育官网 Analysis

The Hospitality Industry In Turkey 乐鱼体育官网 size is estimated at USD 5.81 billion in 2025, and is expected to reach USD 7.11 billion by 2030, at a CAGR of 4.12% during the forecast period (2025-2030).

Hospitality refers to guests, visitors, or strangers' friendly and generous reception and entertainment. It is a broad term encompassing various industries and services that provide individuals with a positive and welcoming experience. Critical sectors within the hospitality industry include hotels, restaurants, travel and tourism, event planning, and more.

Tourists in Turkey frequently experience the warmth and friendliness of the Turkish people, who willingly go the extra mile to offer assistance and engage in pleasant conversations. Turkey is known for its rich history, stunning landscapes, and unique culture, attracting millions of tourists annually. The hospitality industry in Turkey encompasses a wide range of businesses, including hotels, restaurants, cafes, and tour operators. Regarding accommodation, Turkey offers many options to suit every budget and preference, from luxury hotels and resorts to budget-friendly guesthouses and hostels. The country's cuisine is also a significant draw for tourists, with its diverse flavors and dishes that reflect its rich culinary history.

Rise in Tourism Sector Propels Growth in Turkey's Hospitality Industry

Tourist arrivals surged, driving tourism revenues, a key source of hard currency, reaching USD 54.3 billion, up 16.9% from the previous year, according to Turkish Statistical Institute (T脺陌K) data. This growth reflects the tourism sector's robust expansion in Turkey's hospitality industry. The government's initiatives, such as visa liberalization and investment incentives, have played a crucial role. Significant investments in tourism infrastructure, including hotels, resorts, and transportation networks, have enhanced Turkey's appeal to tourists. Turkey offers diverse experiences, from beach resorts to cultural tours and gastronomic adventures, and caters to various interests, contributing to its success in its tourism sector.

Hospitality Industry in Turkey - Number of International Visitors Arriving in Turkey, in 1000s, 2018-2022

Turkey Hospitality Industry Overview

The hospitality 乐鱼体育官网 in Turkey is highly fragmented, with the presence of many players. Hospitality companies employ various strategies, including delivering exceptional customer service and crafting memorable experiences to encourage repeat business and positive word-of-mouth. They also offer diverse accommodation options, spanning from budget-friendly to luxury, to meet the varied preferences of different 乐鱼体育官网 segments. The key players include Accor SA, InterContinental Hotels Group, Marriott International Inc., Wyndham Hotels & Resorts Inc., and Rixos Hotels.

Turkey Hospitality 乐鱼体育官网 Leaders

  1. Accor SA

  2. InterContinental Hotels Group

  3. Marriott International, Inc

  4. Wyndham Hotels & Resorts Inc

  5. Rixos Hotels

  6. *Disclaimer: Major Players sorted in no particular order
Turkey Hospitality 乐鱼体育官网 Concentration
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Turkey Hospitality 乐鱼体育官网 News

  • December 2023: Choice Hotels International Inc. announced an exchange offer to acquire Wyndham Hotels & Resorts Inc. The exchange offer gives Wyndham shareholders the option to choose between receiving the consideration entirely in cash, entirely in shares, or a combination of both, with a customary proration mechanism in place.
  • July 2022: Accor finalized an agreement with Salter Brothers to incorporate nine Mercure hotels into its expanding portfolio. The inclusion of these nine Mercure hotels expands the Mercure brand from 44 properties to 53 in Australia. This growth solidifies Mercure's position as the largest and fastest-growing global midscale brand in the country.

Turkey Hospitality 乐鱼体育官网 Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and 乐鱼体育官网 Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. 乐鱼体育官网 INSIGHTS AND DYNAMICS

  • 4.1 乐鱼体育官网 Overview
  • 4.2 乐鱼体育官网 Dynamics
  • 4.3 乐鱼体育官网 Drivers
    • 4.3.1 Government's Efforts to Promote Tourism and Invest in Infrastructure
    • 4.3.2 Popular Destination for Tourists Impact the demand for the Hospitality 乐鱼体育官网
  • 4.4 乐鱼体育官网 Restraints
    • 4.4.1 Political Instability and Security Issues Led to Safety Concerns among Tourists
    • 4.4.2 Fluctuations in Currency Exchange Rates Affect the Cost of Travel for International Tourists
  • 4.5 乐鱼体育官网 Opportunities
    • 4.5.1 Rise in Digital Technology and Online Platforms to Promote Turkey as a Tourist Destination
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Investments (Real Estate, FDI, and Others) in the Hospitality Industry
  • 4.8 Impact of COVID-19 on the Hospitality Industry

5. 乐鱼体育官网 SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Chain Hotels
    • 5.1.2 Independent Hotels
  • 5.2 By Segment
    • 5.2.1 Service Apartments
    • 5.2.2 Budget and Economy Hotels
    • 5.2.3 Mid and Upper Mid-scale Hotels
    • 5.2.4 Luxury Hotels

6. COMPETITVE INTELLIGENCE

  • 6.1 乐鱼体育官网 Concentration
  • 6.2 Company Profiles
    • 6.2.1 Wyndham Hotels & Resorts Inc.
    • 6.2.2 Hilton Worldwide Holdings Inc.
    • 6.2.3 Accor SA
    • 6.2.4 Marriott International Inc.
    • 6.2.5 InterContinental Hotels Group
    • 6.2.6 Rixos Hotels
    • 6.2.7 Anemon
    • 6.2.8 Divan Group
    • 6.2.9 Dedeman Hotels & Resorts International
    • 6.2.10 Kaya Hotels & Resorts *
  • *List Not Exhaustive

7. 乐鱼体育官网 FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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Turkey Hospitality Industry Segmentation

Hospitality encompasses the warm and generous reception and the entertainment of guests, visitors, or strangers. This practice involves serving guests across diverse sectors, including hotels, restaurants, bars, and the broader hospitality industry. The hospitality in Turkey 乐鱼体育官网 forecast is segmented by type and segmentation. By type, the 乐鱼体育官网 is segmented into chain hotels and independent hotels. By segment, the 乐鱼体育官网 is segmented into service apartments, budget and economy hotels, mid and upper-mid-scale hotels, and luxury hotels. The report offers the 乐鱼体育官网 size of hospitality in Turkey in value terms in USD for all the abovementioned segments.

By Type Chain Hotels
Independent Hotels
By Segment Service Apartments
Budget and Economy Hotels
Mid and Upper Mid-scale Hotels
Luxury Hotels
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Turkey Hospitality 乐鱼体育官网 Research FAQs

How big is the Hospitality Industry In Turkey 乐鱼体育官网?

The Hospitality Industry In Turkey 乐鱼体育官网 size is expected to reach USD 5.81 billion in 2025 and grow at a CAGR of 4.12% to reach USD 7.11 billion by 2030.

What is the current Hospitality Industry In Turkey 乐鱼体育官网 size?

In 2025, the Hospitality Industry In Turkey 乐鱼体育官网 size is expected to reach USD 5.81 billion.

Who are the key players in Hospitality Industry In Turkey 乐鱼体育官网?

Accor SA, InterContinental Hotels Group, Marriott International, Inc, Wyndham Hotels & Resorts Inc and Rixos Hotels are the major companies operating in the Hospitality Industry In Turkey 乐鱼体育官网.

What years does this Hospitality Industry In Turkey 乐鱼体育官网 cover, and what was the 乐鱼体育官网 size in 2024?

In 2024, the Hospitality Industry In Turkey 乐鱼体育官网 size was estimated at USD 5.57 billion. The report covers the Hospitality Industry In Turkey 乐鱼体育官网 historical 乐鱼体育官网 size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hospitality Industry In Turkey 乐鱼体育官网 size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

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Statistics for the 2025 Hospitality Industry In Turkey 乐鱼体育官网 share, size and revenue growth rate, created by Mordor Intelligence鈩� Industry Reports. Hospitality Industry In Turkey analysis includes a 乐鱼体育官网 forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Hospitality in Turkey 乐鱼体育官网 Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)