Turkey’s tourism income decreases

YEREVAN, AUGUST 17, ARMENPRESS. Turkey’s tourism income decreased by 13.8 percent in the second quarter of the year, down $7.73 billion compared to the same period of the previous year, according to data from the Turkish Statistics Institute (TÜİK). Armenpress informs, citing “Hurriyet Daily”, that rising security concerns due to the possibility of Islamic State of Iraq and the Levant (ISIL) attacks as well as other geopolitical risks, like the contracted Russian economy, have played a role in the decrease, according to sector representatives. While foreign tourists spent an average of $911 per capita in the first quarter of the year, this figure decreased to $719 in the second quarter, according to TÜİK’s data.