Turkey lost £2.5 Million in this one year because of low tourists after terrorist attack killed 13 foreigners. Egypt is also facing decline in its millions tourism industry after turmoil and attacks.
Now both countries are thinking to lower the cost so that it may again become a favourite destination for tourists.
[junkie-alert style=”green”] In 2014 Turkey was the 6th favourite place for tourists which attracted 42 million people, but in 2015 the number declined to 36 million, a decrease by 6 million. In 2016 they are unable to hit the 30 million target. [/junkie-alert]
Though this is a bad scenario for Turkish government and business community but this is a great opportunity for those who were unable to visit turkey because of the cost. They hotels which charged £80 are now charging just £25. The Turkish rugs costing 700 liras are now being sold for 350 liras, the silverwares are also being sold at half price, with only a margin of profit.
The government announced fuel subsidies for 5 major tourist destinations to help the industry and is planning to take other measures. They are thinking of lowering the taxes and given debt free loans.