SUBSCRIBERS

Turkey's indebted tourism industry hit hard by terror attacks

Published Wed, Mar 30, 2016 · 09:50 PM

Istanbul

TOURIST arrivals to Turkey fell by 10 per cent last month compared with February 2015, a blow to an industry that owes US$17 billion to the country's banks.

The drop in arrivals, the biggest in a decade, marked a record seventh consecutive month of declines as terror attacks which have been striking Turkish cities since last summer begin to weigh on the economy.

Share with us your feedback on BT's products and services