Indicators used include Political Risk, Business Environment Risk, Forecast International Tourism Receipts, Visitor Arrival Growth, Investment Environment and Shock Factors (taking account of any special factors such as terrorism, natural disasters and disease). Company SWOTs for leading resort, hotel, airline, travel and tourism operators in each market, including competitive intelligence on overall geographic presence, competitive positioning and relationships with international operators; % share of operator markets; % share of international arrivals and departures; % share of busiest domestic routes; main products and services; panregional expansion, merger and acquisition strategies. >>>> 2008. following an impressive recovery in foreign visitor arrivals in 2007, with growth of 17.8% year-on-year (y-o-y), the most recent data for H108 show continuing buoyant growth in arrivals of some 17% y-o-y to over 11mn visitors. However, in July, unconfirmed data suggest growth in foreign arrivals slowed somewhat. In the hospitality sector, meanwhile, there are signs of a slowdown in the tourism sector. In Q208, the total number of tourist room nights amounted to almost 64.5mn nights, up just over 9% y-o-y (compared with almost 13% y-o-y growth in Q207). Over the same period, the number of foreign tourist room nights – which accounted for some 75% of the total – was up a relatively strong 7.2% y-o-y to around 48.3mn nights (after growth of nearly 17% y-o-y in Q207). The outlook for the Turkish economy has worsened steadily through the first five months of 2008. Amid spiralling inflation, renewed monetary tightening, a weakening external climate and a spike in import values owing to energy costs, real GDP growth is now expected to fall further to 3.8% in 2008. While we have extended our downward economic growth revisions through the long term, maintainING that rising purchasing power and lower interest rates, alongside an improving external climate, should continue to accelerate economic expansion in 2009-2012. On the back of these data, revised up tor forecast for foreign visitor arrivals this year but maintain that there will be an overall slowdown in growth in 2008 and, in particular, 2009.
The background economic scenario is holding to long-term positive view on the Turkish lira – which is likely to dampen growth in visitor arrivals to Turkey over the next few years – with end-2008 forecast of TRY1.1400/US$ and long-term forecasts are TRY1.06/US$ and TRY1.36/EUR in 2012. In the short term, this is likely to be compounded by the global economic outlook, with a further slowdown in demand anticipated in key European economies, including Germany, Russia and the UK – major source markets for Turkey. In the eurozone forecast for real GDP growth at 1.4% in 2009, revised down from 2.0% (with 2008’s projection unchanged at 1.6%), as believed that the knock-on from the US slowdown will become evident toward the end of 2008. Turkish Airlines In financial results for H108, Turkey’s national airline, Turkish Airlines (THY), reported a substantial 219% y-o-y increase in net profit to US$208mn. This was despite fuel price increases, which resulted in additional costs of US$258mn (fuel costs accounted for 34% of overall operating costs, compared with 26% a year earlier). Operating revenue, meanwhile, increased by 37% y-o-y to US$2,131mn, with 76% of revenue derived from international traffic and 24% from domestic operations. Latest figures for the period January to August 2008 show passenger traffic up a healthy 15.4% y-o-y to 14.9mn. Hilton Hotels Corporation Following a similar arrangement with another local developer in 2007, Hilton Hotels Corporation (HHC) signed an agreement with a Turkish conglomerate, in June 2008, to introduce around 25 hotels (3,500 rooms) over five years. The majority of the hotels will be under the Hilton Garden Inn brand, the first of which will be opened in Kütahya (in western Turkey) in Q210.
here, here- Hilton hotels! Paris Hilton would be verry happy to see all those killed dogs all over Turkey!?
With the help of
producers John Feldmann
(lead singer of
Goldfinger and famed
music producer), Jennifer
Lee Pryor (widow of the
infamous Richard Pryor
and amazing activist)
along with Gene Blalock
and The Faded, and
title theme by Duran ...
I was not a fan of MJ-
but I will remember him
in good light.. this song
is from his broken
heart>
Earth Song, by Michael
Jacksonhttp://www.youtube
.com/watch?v=f8muMo0fw_M,
http://www.dailymotion.co
m/video/xetes_michael-jac
kson-earth-song_animals&.
..
On 1 July 2009, the
Namibian seal cull of
baby Cape fur seals will
become the largest and
cruelest seal hunt in the
world. For the next 139
days seal clubbers in
Namibia will beat to
death 91,000 baby seals
who are still suckling
their mothers. These...
Following a formal
complaint filed by ANIMAL
with the Child Protection
Services, French-Mexican
11 year old bullfighter
Michelito
Lagravére was
banned from performing at
last night´s
bullfight at
Lisbon´s Campo
Pequeno Bullring, in ...
HEART OF THE WOLF
ORGANIZATION NEWS
12/1/2009It's the month
of December where
peopleshould be beginning
to celebrate peaceon
Earth.But war is on the
human's minds as of
late.1) The hunt on
wolves in Montana may be
over,but the relentless
slaughter of ...
Somaly Mam Foundation -
Home
Source: www.somaly.org
Somaly Mam Foundation, a
non-profit organization
dedicated to fighting the
$12billion per year
sex-trafficking industry.
Minerva
Novoa,Advocacy Web
Administrator
A bill that would put
credit card reforms in
place now rather than in
three months was just
blocked in the Senate. So
it's time to take the
fight straight to the
banks!
Tell the...
Bill Moyers Journal .
Watch & Listen | PBS
Source: www.pbs.org
Welcome to the Journal.
When Jane Goodall walked
into our building this
week, faces lit up. Our
security chief told me
she does animal rescue
work after hours because
of Jane Goodal...
Netherlands Defies Japan
with Protection of action
ship - Care2 News Network
Source: www.care2.com
The militant
environmental
organisation Shea
Shepherd is allowed to
continue to sail under
the Dutch flag. Transport
State Secretary Tineke
Huizinga ...
Message: Heart of the Wolf Organization Alerts 12/1/2009 by Mike W.
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discussions
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— HEART OF THE WOLF
ORGANIZATION NEWS
12/1/2009It's the month
of December where
peopleshould be beginning
to celebrate peaceon
Earth.But war is on the
human's minds as of
late.1) The hunt on
wolves in Montana may be
over,but the relentless
slaughter of ... more
Message: daily Bible verse by Ingrid F.
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discussions
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— Love is patient, love is
kind. It does not envy,
it does not boast, it is
not proud. It is not
rude, it is not
self-seeking, it is not
easily angered, it keeps
no record of wrongs. Love
does not delight in evil
but rejoices with the
truth. It always p... more
Message: learn to survive chaos defending your families with anything at hand by Jack S.
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discussions
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—
http://www.informationcle
aringhouse.info/article24
085.htmMichael Moore has
won a permanent place in
my lexicon of greatness.
His simple honesty and
sincerity sings the songs
of the ancients and their
truths hard won, in
conquest of selfish
personal p... more