BMI View: We believe that Turkey offers a great deal of investment potential to large tourist industries - particularly global hotel groups – as they seek to maximise the growth opportunities being offered by the local market at the present time. However, in the near term we believe the unrest will deter tourists, while the increasing emphasis on relations to the East rather than with the European West will change the balance of tourist flows over the long term. We remain very positive about the outlook for Turkish tourism between 2013 and 2017, although there is always a risk that …
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