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2 Turkey - overview Zonguldak Tekirdağ Istanbul Kocaeli Sakarya Bursa Ankara Balıkesir Eskişehir Çorum Samsun Tokat Sivas Ordu Trabzon Erzurum Ağrı Manisa Kütahya İzmir Afyonkarahisar Aydın Denizli Muğla Antalya Konya Mersin Kayseri Adana Elazığ Malatya Adıyaman K.maraş Gaziantep Şanlıurfa Diyarbakır Mardin Van Hatay cities (by inhabitants): 1 m 0.5 m 0.1 m capital int l airports (by passengers): 10 m 1 m
3 Turkey - airports Istanbul Ankara Trabzon İzmir Muğla Antalya Adana Gaziantep Diyarbakır cities (by inhabitants): 1 m 0.5 m 0.1 m capital int l airports (by passengers): 10 m 1 m
4 Turkey - general economic data ) ) change # % population m inflation % GDP total b GDP per inhabitant unemployment % notes 1) forecasted ,128 6,248 7,833 7,936 8, x , x PKF hotelexperts sources: IMF World Economic Outlook Database; PKF hotelexperts
5 Turkey - development of bed capacity bed capacity period # % 35% 17% 10% 9% 17% 12% until Σ total in , , , , , , , notes 1) data only fromministry of Culture & Tourism licensed establishment PKF hotelexperts sources: Ministry of Culture & Tourism; PKF hotelexperts
6 Turkey - three phases of hotel development Tourism Incentive Legislation declaration of tourism as the first priority sector land allotment and implementation of incentives Gulf War 1991 and economic crisis 1994 slow down investments increase in number of charter flights increase in tourism promotional spending investments spreading across Anatolia capital shift from other sectors such as construction and textile new tourism offers: congress, golf, health tourism
7 Turkey - supply acc. fac. ' acc. fac. '000 beds m beds per a.f. beds per a. m # notes 1) data only from Ministry of Culture & Tourism licensed establishments PKF hotelexperts 2) provisional data accommodation facilities/beds total/ø number of beds per acc. fac. 1) ,998 2,124 2,240 2,357 2, , ,514 2,566 2, ) 2, total sources: Ministry of Culture & Tourism - Turkey; PKF hotelexperts Σ x x x Ø 2,
8 Turkey - demand arrivals/ Ø length arrivals/overnight stays/ø length of stay 1) total overn.st. of stay Σ Ø m nights arrivals m ov. st. m l. of stay x notes 1) data only from Ministry of Culture & Tourism licensed establishments PKF hotelexperts sources: Ministry of Culture & Tourism - Turkey; PKF hotelexperts
9 Istanbul - supply acc. beds accommodation facilities/beds total/ø number of beds per acc.fac. 1) total fac. per a ) Σ Ø # '000s # 1, acc. fac x 329 beds ' x 55 beds per a.f x 169 notes 1) data only from Ministry of Culture & Tourism licensed establishments PKF hotelexperts 2) provisional data sources: Ministry of Culture & Tourism - Turkey; PKF hotelexperts
10 Istanbul - demand arrivals/ Ø length arrivals/overnight stays/ø length of stay 1) total overn.st. of stay Σ Ø m nights arrivals m ov. st. m l. of stay x notes 1) data only from Ministry of Culture & Tourism licensed establishments PKF hotelexperts sources: Ministry of Culture & Tourism - Turkey; PKF hotelexperts
11 Turkey - local hotel groups/brands
12 Turkey - international brands
13 hotels ( 100 rooms) in cities 0.5 m inhabitants 1) Istanbul Ankara Izmir Bursa Adana Konya Antalya Gaziantep Mersin Diyarbakır Kayseri Eskişehir 1) resort districts are excluded
14 rooms of hotels ( 100 rooms) in cities 0.5 m inhabitants 25,000 1) 20,000 15,000 10,000 5,000 0 Istanbul Ankara Izmir Bursa Adana Konya Antalya Gaziantep Mersin Diyarbakır Kayseri Eskişehir 1) resort districts are excluded
15 chain-affiliated hotel rooms Turkey 1) chainaffiliated 37% 63% independent notes 1) according to numb er of rooms; PKF hotelexperts according to numb er of hotels: 15% chain-affiliated source: PKF hotelexperts
16 rooms in hotels > 100 rooms Turkey (top 39 cities) 1),2) 22% < 100 rooms 100 rooms 78% notes 1) cities with population > 500,000 inhab itants PKF hotelexperts 2) according to numb er of rooms; according to numb er of hotels: 34% 100 rooms source: PKF hotelexperts
17 chain-affiliated hotel rooms in hotels > 100 rooms Turkey (top 39 cities) 1),2) chainaffiliated in hotels 100 rooms 50% 50% notes 1) cities with population > 500,000 inhab itants PKF hotelexperts 2) according to numb er of rooms; acc. to numb er of hotels: 49 % chain-affliated in hotels > 100 rooms independent hotel rooms in hotels 100 rooms source: PKF hotelexperts
18 Istanbul - selected hotel projects selected hotel projects rooms 1) status/chance of realisation phase opening probab. name/operator location # year % Le Méridien Etiler 260 construct Divan Harbiye 230 reconstr Hilton Garden Inn Golden Horn Sütlüce 220 construct DoubleTree by Hilton Avcılar 218 construct Wyndham Kalamış 200 construct Radisson Blu Ataşehir 194 construct Hilton Garden Inn Bostancı 150 construct Rixos Pera Beyoğlu 140 construct Holiday Express Inn Bayrampaşa n.a. construct Radisson Blu Şişli 305 construct Marriott Şişli 285 construct Renaissance Bosphorus Balmumcu 220 construct Shangri-La Beşiktaş 200 construct Dedeman Bostancı 272 construct Raffles Zincirlikuyu 180 construct Ibis Esenyurt 161 construct Park Hotel Taksim 410 construct Hilton Garden Inn Istanbul Airport Yeşilköy 227 planned Maçka Hotel Jumeirah Maçka 150 construct Ibis Kartal 150 planned Ibis European side 150 planned Novotel European side 150 planned notes 1) partly estimates PKF hotelexperts sources: information provided by industry experts; PKF hotelexperts
19 other cities - selected hotel projects selected hotel projects rooms 1) status/chance of realisation phase opening probab. name/operator location # year % Hilton Bodrum Türkbükü Muğla 490 renovation Dedeman Zonguldak 434 construct Hilton Bursa Convention Centre Bursa 170 construct Hilton Garden Inn Mardin 164 construct Dedeman Edirne 160 construct Mövenpick Ankara 150 construct Divan Bursa 107 construct Hampton by Hilton Bursa 106 construct Hampton by Hilton Rize 90 construct Ibis Adana 161 construct Hampton by Hilton Ordu 76 construct Ibis Izmir n.a. planned Hilton Garden Inn Diyarbakır 180 planned Sheraton Bursa 171 planned Missoni Belek Antalya 138 planned aloft Bursa 133 planned Karadeniz Optimum Samsun 150 planned Novotel Ankara n.a. planned Ibis Ankara n.a. planned notes 1) partly estimates PKF hotelexperts sources: information provided by industry experts; PKF hotelexperts
20 contact details hotel consulting PKF hotelexperts, Hegelgasse 8, 1010 Vienna, Austria contact Michael Widmann, Andreas Martin, Patrick Auer, Hande Tibuk phone fax vienna@pkfhotels.com internet local PKF correspondent firms for accounting, auditing and tax consulting Ankara Alien Denetim ve YMM contact Ali Aliç phone alialic@pkf-ankara.com internet Istanbul Legal Bağımsız Denetim YMM contact Korkut Yet phone k.yet@legaldenetim.com internet Izmir Sun Bağımsız Dış Denetim YMM contact Saim Uysal phone info@pkfizmir.com internet
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