New Market Study, "Travel and Tourism in Turkey to 2020", Has Been Published
Turkey's inbound tourism contracted in 2015 due to the sanction of Russia on Turkey due to the latter downing the former's warplane. In addition, security concerns in the country are expected to adversely impact international arrivals. Inbound trips are projected to grow at a CAGR of 5.7% over the forecast period (2015-2020). The growing economy will continue to drive domestic and outbound tourism over the coming years.
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