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Turkey Property Investment News
Worldwide tourism increases
Growth in the worldwide tourist trade last year has outpaced official estimates, according to new figures.
Research by the UN World Tourism Organisation revealed that the global population made 898 million trips abroad during 2007.
This is six per cent above the figure recorded 12 months earlier and is higher than the organisation's initial estimates.
Europe was found to dominate the global holiday industry, accounting for more than 50 per cent of international tourist arrivals.
Figures showed that Turkey was proving to be especially popular, with visitor numbers in 2007 rising by 18 per cent on the previous year.
Established markets such as Italy were also found to have attracted more visitors over this period, with the number of tourists going up by seven per cent.
This is likely to be positive news for buy-to-let investors in these countries, as it means they will be benefiting from higher occupancy rates and rental returns.
According to the Guardian, about 17,000 UK nationals now own a property in Turkey.
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