Brits turn TL loss against Sterling into a holiday opportunity

According to data from travel company On The Beach, the demand for summer holidays from British citizens in Turkey and Egypt has more than doubled compared to 2019 before Covid-19.

The company attributed the increase in demand to the depreciation of the Turkish lira and the Egyptian lira against the British pound in said period.

Since 2019, the Turkish lira has lost more than 4 times its value against the British pound, falling from 6.72 lira to 34.37 lira, while the loss of the Egyptian lira against the pound has almost doubled.

THE NUMBER OF FLIGHTS WAS EFFECTIVE ON DEMAND TO Türkiye

According to the news in Bloomberg; He said that the sharp increase in On The Beach’s flight capacity also led to increased demand for holidays in Turkey.

While the number of passengers arriving in Turkey increased by 1.2 million compared to 2019, it is expected to increase to 1.6 million by 2025 and the total number of passengers will reach 5 million.

Heathrow Airport announced on Friday that flights to Turkey in July were the busiest month on record, with more than 73,000 people flying to Turkey.

The airline Jet2.com, on the other hand, recently announced that its flight schedule to Turkey has more than tripled compared to 2018.

PREFERENCES IN Türkiye ANTALYA

The most popular Turkish location among On The Beach clients is Antalya, while Hurghada, on the Red Sea coast, leads Egyptian bookings.

Turkey was the company’s third most-booked summer vacation destination overall.

The Canary Islands ranked first, while Spain ranked second.

THE NUMBER OF TOURISTS IS EXPECTED TO INCREASE

Zoe Harris, On the Beach’s director of customer service, said that Turkey and Egypt are two notable destinations.

In his statement to Türkiye and Egypt, Harris said: “They are raising their ranks in knots. “We hope that these two destinations continue to rise and compete for the top of the Canary Islands next year.”