Monday, March 21, 2016
Tourists steer clear of Erdogan's 'Advanced Islamist' Turkish state after bombings & Russia clash.
Tourists steer clear of Erdogan's 'Advanced Islamist' Turkish state after bombings & Russia clash. (WSJ).
A string of terrorist attacks blamed on Islamic State or Kurdish militants, on top of a diplomatic feud with Russia, are battering Turkey’s vibrant tourism industry, which had been one of the few bright spots in a slowing economy.
Bookings for this summer are down 40% from last year, and hotel occupancy rates have plunged more than half, according to industry figures. Hundreds of hotels, bed-and-breakfasts, and boutique resorts have been put up for sale.
And there is no end in sight to the turmoil. Hmmm....If EU parliamentarians had any brains & Guts they would keep Erdogan's Turkey out of Europe. Read the full story here.