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Dalaman Gardens - Press

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Rapidly Rising Tourism

According to a consensus, Turkish tourism rose strongly in 2009. Despite the fact that 2009 was a year when international tourism fell drastically, Turkish visitor numbers grew 2.7% according to the Ministry of Culture and Tourism. The global flight database also recorded strong growth in visitor numbers, up from 22.6 million in 2008 to 25.1 million in 2009. While we don’t yet have a total for this year, monthly and quarterly figures from Turkstat indicate strong growth.

Rapid Economic Growth

Despite the slowdown in growth to 5.5% in the third quarter, Turkey is still on track to show a growth of 7-9% for 2010 as a whole. The OECD believes this level of growth will continue for the next 2-5 years.

Rapid Mortgage Growth

Reports indicate that the number of mortgages approved in Turkey has grown 30% this year, and the consensus of opinion is for a similar or greater growth next year. This is supported by figures released by the central bank, which show that almost 49 billion Turkish liras worth of loans were approved in the second quarter of this year, up from 38.6 billion in Q2 2009.


Turkey Property Prices Rising

Goldman Sachs & Reidin. Posted 28/01/2011

According to the latest property market index Turkey’s residential property prices are slowly increasing in five major cities as noted in December 2010.

This is great news for the Turkey property market, which experienced a market boost last year but began to see a plateau. According to the REIDIN Turkey Residential Property Price Indices (TRPPI) increase in prices were noted in Adana, 1.36 percent, Ankara, 0.47 percent, Istanbul, 0.55 percent, Izmir, 0.09 percent, and Kocaeli, 0.94 percent. There was also a decrease noted in Antalya, 1.5 percent, and Bursa, 0.43 percent.

Rental prices have also increased in major cities as well, rising 0.30% in Adana, 0.26% in Antalya, 0.58% in Istanbul, 0.83% in Izmir and 0.23% in Kocaeli, and falling 0.47% in Ankara and 1.33% in Bursa.

Goldman Sachs economist, Jim O’Neill, believes that the economy in Turkey will grow and be stronger than predicted this year. He also believes that Indonesia will grow beyond what has been anticipated.

Overseas tourists and investors remain interested in Turkey, with about 28 million overseas visitors recorded in 2010. This is an increase of 5 percent from 2009. Ahmet Barut from the Turkish Hoteliers Federation estimates that the annual revenue from tourists for 2011 may reach $25 billions dollar with 31 million visitors.

Turkey has been ranked seventh regarding visitors numbers in the world. In the past three years a 16 percent increase in tourists has been noted. Along with Turkey, Spain and France are experiencing high numbers of tourists and it is predicted that in 2011 will continue to see a rise in numbers.


WB: Turkey to grow twice world economic growth in 2010

14 Jan 2011 Zaman - the World Economic Bank

Today’s Zaman - The World Bank suggests that Turkey’s economic growth rate will be double that of the world, which is estimated at 3.9 percent, with a growth figure of 8.1 percent in 2010.

According to the January edition of the “Global Economic Prospects 2011 report” prepared by the World Bank, Turkey’s gross domestic product (GDP) growth is expected to register 8.1 percent in 2010. The growth of the global economy in 2010 is estimated to be around 3.9 percent, while the growth figures for the Organization for Economic Cooperation and Development (OECD) countries is estimated at 2.7 percent. The estimate for the GDP growth of the eurozone is at 1.7 percent. This shows that Turkey’s growth is expected to be double the GDP growth of the world.

The report also estimated the growth figures of Turkey for this year and 2012 -- 4.1 percent and 4.3 percent, respectively. Moreover, the GDP figures of the eurozone are estimated at 1.4 percent for this year and 2 percent for next year. In line with this data, Turkey is expected to outpace the growth figures of the eurozone again this year and in 2012.

The World Bank report underlined that “Turkey’s recovery was more vibrant -- a reflection of strengthening domestic demand, supported by rising foreign capital inflows and an accommodative monetary and fiscal policy.”

The Dalaman Marina is official

8 Oct 09 Dalaman news

Construction of the Dalaman Marina will begin at the end of this year, 2009. Dogus Holdings, builders of many award winning marinas in Turkey have been awarded the project. The capacity is for 1800 yachts. Planned completion is for 2011. The project forms part of the £9 billion development of the area.


2008: A year of success

1 Oct 09 Dogus Tourism Group

Turkey's tourism sector has undergone an accelerated rate of growth in the past 3 decades and ranks among the 10 leading, most popular tourism destinations in the world.

The current world recession negatively affected the tourism sector especially in the second half of 2008. Despite the general slowdown, a few destinations around the world, including Turkey, showed positive results in 2008. Turkey received more than 26 million international tourist arrivals, which represented a growth of approximately 13%. Tourism receipts reached USD 21.9 billion, marking an increase of 19% with respect to the 2007. However, "tourism spending per person" rose by 4.3% compared to the previous year, to USD 708. Istanbul had one of the fastest "revPAR" growth rates in Europe, up 23.5% to USD 159.


Hilton opens its first Turkish resort hotel in Dalaman>>

5 July 2009 DALAMAN - Daily News with wires

Hilton Hotels Corporation has announced its first Hilton Worldwide Resort brand in Turkey, and its ninth overall property in the country, with the arrival of Hilton Dalaman Golf Resort & Spa.

Culture and Tourism Minister Ertugrul Günay on Saturday joined the opening of Turkey's first Hilton Resort Hotel in the popular resort town of Dalaman in the Aegean province of Mugla, the Anatolia news agency reported.

Speaking at the opening ceremony, Günay expressed his belief that Turkey, with its history, nature and destinations for convention, health and golf tourism, will soon become one of the top tourism countries of the world.

“Hilton Hotels Corporation is very glad to be operating in Turkey,” Michael Collini, vice president of development for northern Europe, was quoted by Dogan news agency. “That is why we are preparing to invest in 13 other projects.”

The hotel was built in Dalaman's Sarigerme hamlet, one of the most unique holiday resorts in the world with its natural beauties and history.

Göçay Tourism agreed with Hilton in 2008 to build and run the hotel.

The hotel has a 650-meter-long private sandy beach. Guests can enjoy rafting on the Dalaman River, just beside the hotel.

With modern architecture, the hotel has 12 different types of rooms and suites. The smallest room in the hotel is 36 square meters. The hotel's large room sizes is one of the significant features of the hotel.

Complete with its own private beach, Hilton Dalaman Golf Resort & Spa is made up of a series of interconnecting buildings, pools and landscaped gardens. The resort offers a range of leisure facilities, including an integrated 7,175-square-meter health club and spa with gym and treatment rooms, seven outdoor and three indoor swimming pools and two tennis courts.

The investment will have cost some 100 million euros by the time the golf field and convention centre are opened in 2010.

Hilton opened its first Turkish hotel, Hilton Istanbul, in 1955. Together with Hilton Dalaman Golf Resort & Spa, the company also operates eight more properties – seven Hilton hotels and one Conrad – across six locations: Adana, Ankara, Istanbul, Izmir, Kayseri, Mersin.

The company plans to introduce its mid-market Hilton Garden Inn brand later this year with the opening of its first property in Kütahya.


Sign Of The Times

7 June 2009 TIMES ON-LINE TRAVEL

An indication of just how popular Turkey has become as a holiday destination comes from foreign currency provider, Travelex, who told Timesonline Travel that while demand for the euro had been flat this year, there had been a 21,5 per cent increase for Turkish lira.


Roman Abramovich buying up land in the area . . .

21 AUGUST 2008 DAILY EXPRESS THURSDAY

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STRATEGICALLY balanced between Europe and Asia, Turkey is a meeting place for east and west, offering all the advantages of the Continent – without the high prices.

According to official government figures, there has been a 20 per cent rise in tourism numbers in the past year and the rentals market is set to reap the benefits, particularly in the South-western pockets of Dalaman, Fethiye and Alanya.

"Over the past four years, house prices have increased by 60 per cent in the South-west – yet it's still affordable compared with other European countries. Rental yields should stay between five and six per cent as the country's infrastructure improves, " she said.

Officially, the currency is the Turkish lira but euros and sterling can be used to purchase property.

Fethiye, 40 minutes drive from Dalaman airport, is one area benefiting from revenue raised by increased tourism.

Popular with visitors for the past decade, and home to Turkey's most photographed beach, Oludeniz, plans are under way to build a marina and make the town a cruise-ship destination.

"Abramovich is already buying up land in this area in preparation for rising prices, and the area is getting more popular with celebs: Johnny Depp was here just a few weeks ago in his yacht, " it was reported.

For now, costs remain much lower than in the UK; council tax is just £80 a year, and food costs are minimal.
Expect to pay three per cent purchase tax and annual insurance premiums of £200, to include earthquake protection.


The British feel safe in Turkey's stunning south

17TH AUGUST 2008 MAIL ON SUNDAY

Prices in Turkey rose between 15 and 20%, according to Knight Frank, after the country introduced a new law in 2006 allowing foreign buyers to get mortgages in Turkey.
 
Capital growth in Dalaman has echoed this and is going up by 15% per year.
 
More then 20,000 Britons have so far bought homes in Turkey- drawn by the warm weather, the beaches on the southern coast and a flavour of the Med at half the price of Italy and Spain.
 
Easyjet has recently started flying from Gatwick- it takes four hours. Previously you could fly expensively via Istanbul , or by taking one of the weekly charter planes operated by Thomas Cook.

Dalaman is a 15-minute drive from Gocek, the exclusive yachting resort where actress Demi Moore and husband Ashton Kutcher holidayed last year, and where Russian oligarch and Chelsea owner Roman Abramovich has docked one of his mega-yachts.





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