CPI AND HOTEL COSTS IN MARCH 2023

In March 2023, annual inflation (CPI) was 50.51% in Turkey. Food and beverage costs in hotels increased by 93%.

In March 2023, annual inflation (CPI) was 50.51% in Turkey. Food and beverage costs in hotels increased by 93%.

Hotel F&B costs increased by 99% in February 2023

According to TURKSTAT data, inflation in March 2023; It was 2.29% compared to the previous month, 50.51% compared to the same month of the previous year and 70.20% according to the 12-month averages.

According to the estimation made by the Tourism Databank, the tourism statistics center, based on the TURKSTAT data, Food and beverage costs in hotels increased by 93% in this month.

COST INCREASE IN HOTELS