Turkish hoteliers see ‘emptiest’ season: Association
ISTANBUL
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Turkey’s hoteliers experienced their “emptiest” summer season, as the sector saw the steepest decline in hotel occupancy rates in August, which is normally one of the hottest months for the sector, said a leading association on Sept. 26, adding that Turkey was also the country that experienced the lowest hotel occupancy rates across Europe.Hotel occupancy rates in Turkey declined to 53.4 percent in August, a 27.4 percent decrease compared to the same month of 2015, according to data from STR Global, which was announced by the Hoteliers Association of Turkey (TÜROB).
The country’s hotel occupancy rates were announced at 49.7 percent, Europe’s lowest, in the first eight months of the year, a 21.8 percent decline compared to the same period of 2015, mainly due to a series of bomb attacks and the July 15 failed coup attempt.
Istanbul worst hit
Istanbul was the most negatively affected city in terms of hotel occupancy rates from the terror attacks across Europe, the data showed. Hotel occupancy rates saw a decline of around 33.6 percent in August compared to the same month of 2015 to 50.4 percent, making the city the one with the lowest hotel occupancy rates with the steepest decline after the bomb attacks. Istanbul’s RevPAR, or revenue per room, also dropped 55.1 percent to 43.9 euros in August from the same month of 2015. The city’s Average Daily Rate (ADR) also dropped to 87.2 euros in August, a 32.5 percent decrease compared to the same month of 2015.
Hotel occupancy rates declined by around 30 percent in Istanbul in the first eight months of the year compared to the same period of 2015 after the bomb attacks, while two other European cities which experienced similar attacks, Brussels and Paris, saw a 22 percent decline and 13 percent decline, respectively. While Istanbul’s RevPAR decreased by 45 percent in the mentioned period compared to the same period of 2015, Brussels saw a 21 percent regression and Paris 16 percent.
The Mediterranean resort of Antalya enjoyed some relief thanks to a rise in the number of local tourists, although hotel occupancy rates continued to decrease. Hotel occupancy rates of Antalya and its districts were announced as 64.6 percent in August, a 23.2 percent decline from the same month of 2015. This rate regressed to 53 percent in the first eight months of the year from 60.7 percent in the same period of 2015. Antalya hotels’ revenues also contracted around 30 percent in this period.
The country’s hotel occupancy rates were announced at 49.7 percent, Europe’s lowest, in the first eight months of the year, a 21.8 percent decline compared to the same period of 2015, mainly due to a series of bomb attacks and the July 15 failed coup attempt.
Istanbul worst hit
Istanbul was the most negatively affected city in terms of hotel occupancy rates from the terror attacks across Europe, the data showed. Hotel occupancy rates saw a decline of around 33.6 percent in August compared to the same month of 2015 to 50.4 percent, making the city the one with the lowest hotel occupancy rates with the steepest decline after the bomb attacks. Istanbul’s RevPAR, or revenue per room, also dropped 55.1 percent to 43.9 euros in August from the same month of 2015. The city’s Average Daily Rate (ADR) also dropped to 87.2 euros in August, a 32.5 percent decrease compared to the same month of 2015.
Hotel occupancy rates declined by around 30 percent in Istanbul in the first eight months of the year compared to the same period of 2015 after the bomb attacks, while two other European cities which experienced similar attacks, Brussels and Paris, saw a 22 percent decline and 13 percent decline, respectively. While Istanbul’s RevPAR decreased by 45 percent in the mentioned period compared to the same period of 2015, Brussels saw a 21 percent regression and Paris 16 percent.
The Mediterranean resort of Antalya enjoyed some relief thanks to a rise in the number of local tourists, although hotel occupancy rates continued to decrease. Hotel occupancy rates of Antalya and its districts were announced as 64.6 percent in August, a 23.2 percent decline from the same month of 2015. This rate regressed to 53 percent in the first eight months of the year from 60.7 percent in the same period of 2015. Antalya hotels’ revenues also contracted around 30 percent in this period.