There will be no cheap Turkey in 2023: hotel contracts are already being concluded with a 20% appreciation in hard currency

There will be no cheap Turkey in 2023: hotel contracts are already being concluded with a rise in price of 20% in hard currency

The tourism sector in Turkey, which is gradually recovering from the effects of the pandemic, began to conclude hotel contracts for 2023 a month earlier – in August instead of September-October. However, the contracts between hotels and tour operators now include a price increase of 20-50%, and this is not in the Turkish lira, whose exchange rate is constantly falling, but in foreign currency. This means that there will be no cheap tours to Turkey next year, and not only because of the rise in air travel like this summer, but precisely because of expensive hotels.

Despite geopolitical upheavals and events in Europe, Turkish hotels are actively selling rooms for the next season. In particular, Turkey is seeing consistently high interest from British and German tourists, especially during the cold winter period. This explains the earlier conclusion of contracts for the next season. Hotels, which went up by 10-15 percent last year, said they see a lot of demand for contracts to be signed with travel agencies next year, Turizmajansi said.

An increase of at least 20 % in foreign currency

Tourism experts, who have said that there is a strong demand for holidays from abroad, mainly from Europe, said that new hotel contracts for 2023 are concluded at higher prices – a price increase of at least 20 percent in foreign currency. In some hotels and areas, the increase is up to 50 percent. For Russian tourists, with the growth of the dollar, this means an even greater increase in prices for holidays in their beloved Turkey.

Vice President of the Turkish Hoteliers Federation (TÜROFED) Bulent Bulbuloglu said that they began to conclude contracts for 2023: “2023 looks very good. If nothing critical happens in the world, I think that we will set records in Turkey and in the resort province of Mugla. tourists from Germany. According to him, the price spiral is not over yet. “In the 2023 season, prices for resort holidays will be 15-20 percent higher than this year. People will continue to go on vacation, but the duration of vacation may be reduced due to rising prices,” the expert concluded.

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