Türkiye says ‘booming’ tourism to help shrink current account gap

Türkiye's record-breaking number of tourists in July is expected to help reduce the country's current account deficit, according to a senior government official, due to the surge in tourism revenue and a slowdown in consumer loans.

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8/21/2023

‘AI should be used to lure tourists to Türkiye’ - Latest News

Turkey should consider using AI applications, such as ChatGPT, to attract more tourists to the country amidst increasing global competition in the tourism industry, according to the President of TÜROFED. He emphasizes the need to adapt to changing consumer preferences and focus on promoting tourist destinations like Antalya and Muğla during low seasons. Additionally, he mentions that global recession and inflation in source markets also impacted hotel occupancy rates in Turkey.

8/22/2023

Record tourism revenue in year’s first half

Tourism revenue in Greece is on track to exceed €20 billion this year, surpassing the record set in 2019, with first-half revenue reaching €6.174 billion, a 14.1% increase from the same period in 2019.