As TL depreciation continues, Turkey is once again the favorite holiday resort for foreigners.

As summer approaches, preparations for vacations are gaining momentum in many countries and Turkey will be one of the places frequented by foreign tourists who do not want to spend a lot of money on vacations this year due to the depreciation of TL.

The US-based news agency, Bloomberg, published a news report containing “cheap vacation” recommendations for the US during inflation and cost of living on vacation spending. In the story, which includes tips from Jack Ezon, founder of New York-based travel agency Embark Beyond, it was noted that an increasing number of Americans are turning to cheap vacation options due to inflation in the country.

Among the recommendations, the item “prefer places where the dollar is stronger” ranked first and “Go to Turkey” was said. Noting that the Turkish lira continues to depreciate against the dollar, Bloomberg also commented that Turkey would appreciate the foreign exchange provided by tourism after the devastating earthquakes.

Noting that Turkey’s main tourist centers are far from seismic zones, the news also indicated that countries like South Africa and Argentina, where the dollar is strong, also have suitable vacation options besides Turkey.

THE LOSS OF VALUE IN TL INCREASED MORE

Jack Ezon suggested that those who want to vacation in Europe should go to Madrid, Budapest, Berlin and Zurich, in addition to popular destinations like Rome. In addition, recommendations to follow cheap plane tickets and visa-free travel options were also included in the news.

The sharp drop in the LT and the currency crisis caused millions of people from many countries to flock to Turkey for vacations and shopping last summer. While the TL depreciation has increased since the last holiday season, the influx of tourists is expected to continue this year, despite the devastating earthquakes.