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COSTS IN TURKEY’S HOTELS INCREASED 108 PERCENT

CPI and hotel costs

According to the Consumer Price Index (CPI) data announced by the Turkish Statistical Institute (TUIK), inflation rose to 2.98% in May 2022 compared to the previous month and to 73.5% compared to the same month of the previous year. It was estimated that general costs in hotels increased by 108.3% annually during this period.

The course of costs in hotels

Cost increases in accommodation also increased compared to last month. According to annual increases, In May 2022, the majority of the cost in hotels; The increase in food and beverage (F&B) and energy costs was 81.73%. The overall average increased by 108%.

Which costs increased the most?

According to the estimates made in the Hotel Costs Report prepared by Turizmdatabank.com; highest cost increases in hotels; Press and publication, Technical service, oil group, Food, while the lowest increases were in Personnel, Beverage and Energy.

Cost Increase in Hotels 2022, May

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