Turkish economy benefits from tourism-010808

Turkey's holiday industry is proving to be highly lucrative for the country's economy, official figures have revealed.

According to the Turkish Statistical Institute, revenues from the sector reached £2.3 billion in the second quarter of 2008.

This is more than 25% higher than the amount recorded during the same period of the previous year.

Most of this was said to have come from foreign visitors, who spent an average of nearly £300 each.

The overall level of spending by holidaymakers was found to have gone up by just over 11% in the last year.

Meanwhile, figures showed that visitor numbers in June rose by 19.2% on a year-by-year basis.

This comes after the Association of British Travel Agents revealed that the number of summer bookings for trips to Turkey has gone up by 20 per cent this year.

The organisation has attributed this to a number of factors, such as the relatively high value of the single European currency against the pound.

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