Sözcü Gazetesi reported that 1,500 hotels across Turkey have been put up for sale, pointing to a deepening crisis in the sector.
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According to Sözcü Gazetesi, 1,500 hotels nationwide have been put up for sale. The figure is being assessed as a concrete indicator of serious financial pressure in the sector.
The tourism sector has been under intense pressure in recent times due to high inflation, rising operating costs, and currency fluctuations. It is noted that a significant portion of the hotels being sold are small and medium-sized businesses.
Turkey hosted more than 60 million tourists in 2024 and tourism revenues reached record levels. However, despite the high visitor numbers, cost pressures appear to be straining operators. The simultaneous entry of 1,500 properties onto the market signals that a serious consolidation process in the sector is imminent. While Sözcü Gazetesi did not provide additional financial details in the report, the figure has drawn significant attention in Turkish tourism circles.