(MENAFN) Tourism Investors Association (TYD) head revealed Turkey's struggling tourism sector is estimated to loose at least USD30 billion over the three-year period covering 2016, 2017 as well as 2018 if the country does not take the right move.
According to the official, "Our three-year loss may hit $30 billion if problems remain unsolved next year. The sector has been facing serious financial hurdles. A financial support system specially designed for the sector would help a lot".
She has also underlined "2016 was a terrible year for our sector. There has been some recovery over this year, but we have suffered from a huge loss in revenues. We will feel this by the year-end. But the current problems should not turn into a serious structural crisis. We need to work to prevent this. In this vein, we see 2017 as a transition year, during which urgent measures must be taken".
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