News Archive: travel and tourism

14, 2012 May:

New bill sets Turkey property ready to roast

The temperature of Turkey's property market was turned up this week as the Turkish government passed a draft bill that allows more foreigners to invest in the country's real estate. The law, which also increases the amount of real estate a foreigner can own, is expected to prompt a gold rush of buyers from the Middle East and EU, with some agents predicting that investment will double to $5 billion each year.

08, 2011 November:

Turkey voted Frommers favourite for 2012

Amongst a list of 10 destinations compiled by Frommers, Turkey was announced as the reader's top destination to visit in 2012, despite being up against strong contenders such as Paris, Italy and Hawaii.

11, 2011 October:

Foreigners stuff billions into Turkey property

Over $1.3 billion were stuffed into Turkey's property market last year. The figures, released by the Turkish government, have shown that foreign investors are still keen to own a share of the country's booming real estate industry, as Turkey becomes one of the biggest success stories of recent years.

20, 2011 September:

Video: Turkey’s finance minister on how Eurozone could get growth

As Turkey's tourism and property investment grows, Turkish finance minister Mehmet Simsek describes how Turkey managed to turn around their economy. How can this could be applied to the wider Eurozone crisis?

08, 2011 September:

Over 17 million tourists tempted by Turkey

Turkey's tourism sector has seen a remarkable 11 per cent increase in visitors in the first seven months of 2011, according to data from the Turkish Culture and Tourism Ministry.

28, 2011 July:

Turkey is world's fastest growing economy

The Middle Eastern nation's latest GDP growth figures saw it surpass both Argentina and China to become the fastest growing economy in the world, according to the national statistics authority, Turkstat.

14, 2011 July:

Istanbul is fastest growing tourist destination in the world

04, 2011 July:

Hilton to launch budget hotel brand in Turkey

Worldwide hotel giant Hilton has announced that it will be launching a new low-cost hotel brand in the Turkish market.

22, 2011 June:

Aman Resorts unveils new Aegean coast destination

In August this year, Amanresorts will launch its 24th property, Amanruya, in a quiet valley on the Bodrum Peninsula overlooking the Aegean Sea.

14, 2011 June:

Hilton Opens Secluded Resort in Bodrum, Turkey

Featuring 433 guestrooms, 53 suites, and eight detached villas, the Hilton Bodrum Turkbuku Resort & Spa has made its debut as Hilton's second resort in Turkey.

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