Vacation in Turkey: Price increases will shock travelers in 2025!

Vacation in Turkey: Price increases will shock travelers in 2025!

Turkey is becoming more and more expensive for travelers and the trend appears to be here to stay. How derwesten.de reported that inflation was 37.9% in April, down slightly compared to 38.1% in March. Despite this decline, price levels remain alarmingly high, particularly for accommodation and food. The Turkish lira has also depreciated sharply against the US dollar, resulting in higher prices for imported goods.

The increases are particularly noticeable in hotels, cafés and restaurants. In April, prices here rose by almost 42% compared to the previous year. Food and non-alcoholic drinks also rose in price by 36%. According to the Turkish Central Bank, housing costs have actually increased by 74% since April 2024. To counteract this trend, the key interest rate was increased from 42.5% to 46.0%; However, there is no short-term relief for tourists in sight.

The impact on tourism

The price increases also have a direct impact on the tourism industry. Holidaymakers are increasingly turning to the popular “all inclusive” concept to control costs. Kemer, near Antalya, in particular is attracting sun seekers, with tour operator Deniz Ugur recording a price increase of around 6-7% compared to last year. Despite the increased prices, German holidaymakers are still showing interest in traveling, according to reports from tagesschau.de emerges.

However, traders in Antalya suffer from the preference for large all-inclusive offers. Lütfi Caker, a local trader, reports on the difficulties that small restaurants and shops are having, while large hotels are better able to absorb inflation. Holidaymakers report increased prices, such as 8 euros for a glass of wine, which could have a negative impact on the overall travel experience.

Development of hotel prices

Hotel prices vary significantly depending on the season and location. Hotel manager Dincer Sarikaya in Kemer offers room prices of 60-70 euros in the low season and almost 100 euros in the high season. He emphasizes the importance of maintaining quality, even if it means giving up some of the profits. The Turkish tourism minister is also planning to attract a record number of holidaymakers to the country and to focus on less cheap tourism.

Given the ongoing high inflation and associated price increases, travelers need to plan well to keep vacation costs under control. The head of the Turkish central bank warned of further inflation risks and set the goal of achieving annual inflation of 24% by the end of 2025.