LOADING

TDM NEWS EVENTS IWTA SERIES TDM

Travel Daily Media

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

Turkey to benefit from rise in budget-conscious travellers: GlobalData

Megha Paul

- April 12, 2022

With traveler confidence taking yet another hit amid the rising cost-of-living across Europe, Turkey will emerge as the destination of choice for budget-conscious travelers in 2022, finds GlobalData. Research from GlobalData’s Traveler Spending Patterns database shows that in-destination spending is relatively low in Turkey, despite the average stay for inbound tourists (9.7 days) being the second-longest in Europe in 2021.

Compared to average inbound expenditure in popular leisure destinations such as Spain and Portugal, travelers could potentially save anywhere between $230 and $770 per trip if they travel to Turkey instead of these destinations.

Craig Bradley, travel and tourism analyst at GlobalData, said: “Turkey’s market position is likely to strengthen due to current consumer sentiment. In a GlobalData Q3 2021 Global Consumer Survey, 58% of respondents said cost was a key influencing factor when booking a trip, making it the leading incentive to book a holiday.”

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Turkey to benefit from rise in budget-conscious travellers: GlobalData

Megha Paul

- April 12, 2022

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats