Hotel prices surge 25% ahead of Bayanlar Holiday

Cumhuriyet newspaper has reported a 25% surge in hotel prices ahead of the upcoming Bayanlar Holiday. Approximately 10 million people are expected to travel during the nine-day break, putting the tourism sector on track to record transaction volumes of 180 billion Turkish lira. However, escalating operational and service costs have prompted hotels to raise their prices significantly, adding further pressure to travellers' budgets. The increase reflects broader inflationary pressures across the economy, with forecasts suggesting these pressures on the tourism and travel sector are set to continue.