Turkey’s Weak Economy Entices Travelers With Good Deals
Photo Credit: Turkey's tourism is coming back. Pictured are tourists on balloon rides in Cappadocia. Flickr / Arian Zwegers
Skift Take
Travelers love nothing more than a good deal, and that's exactly what much of Turkey is offering right now. A cooling economy has travelers striking while the iron is hot.
Turkey's tourism numbers are rising after two years of a slump, largely because the country's inflation is nearing its fastest pace in 15 years and creating the residual effect of good deals for tourists.
Turkey trips are cheaper for the country's top visitor markets such as Russia, Germany, and the United Kingdom than they were a year ago, as overall arrivals to Turkey grew about 23 percent for January to August compared to the same period in 2017, according to data from the European Travel Commission.
But Turkey's foreign debt and weak lira have investors concerned. Bloomberg reported this week that Moody's has an increasingly dim view of growth prospects for Turke
