Hotel investments in Turkey`s Black Sea soar as Arab tourists flock to region
(WorldNews Turkey)

Hotel investments across Turkey accelerated in the first half of the year after a tough period for the tourism industry, with the country`s Black Sea region seeing a number of new hotels amid a flock of tourists from Middle Eastern markets. Hotel investments across the country rose by 13.5 percent in the first half of the year, totaling 1.7 billion Turkish Liras in projects that secured incentives, the Hoteliers Association of Turkey said in a statement on Aug. 14. Investors received incentives to build 101 new hotels in 38 provinces, with a bed capacity of 16,000, in the first six months of this year. ......