What happened to the use of loans by hotels from banks in 2022?
The use of loans from banks by hotels increased by 89.6 percent in the January-May period of 2022. Loans, which increased by 12.1 billion TL in the last five months, increased by 22.8 billion TL this year. In the last year ending May, the increase in hotel loans in TL increased from TL 28.2 billion to TL 62.3 billion with a 120 percent improvement.
Increase in non-cash loans in 2022
According to the information compiled by the Tourism Databank, the tourism statistics center, from the data of the Banking Regulation and Supervison of Agency (BDDK), the increase in the non-cash loans that the hotels want guarantees from the banks in return for their monetary liabilities; In the January-May period, it increased by 141 percent from 986 million TL to 2.38 billion TL. In the last year ending May, the increase in non-cash loans increased by 155 percent from TL 2.17 billion to TL 5.55 billion.
Non-performing loans of hotels in 2022
The non-performing loans, which the hotels received from the banks, increased by 648 million TL in the 5 months of 2022. It decreased by 908 billion TL last year. In the last year ending May, the change in non-performing loans increased by 2.2 billion TL from a decrease of -2.1 billion TL this year.