Patients Flocking Turkey for Low Cost Medical TreatmentBy: Shushmul Maheshwari
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Patients Flocking Turkey for Low Cost Medical Treatment
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According to our new research report titled “Emerging Medical Tourism in Turkey”, the medical tourism market is forecasted to grow at a CAGR of over 50% between 2009 and 2013 on the back of low cost of treatment and improved healthcare infrastructure.
Turkey is gaining the reputation of providing excellent medical and healthcare services in many fields, including cosmetic and plastic surgery, cardiac procedures, vision, orthopedics, dentistry and many more.
A Senior Research Analyst at RNCOS says that one of the major driving forces for the Turkish medical tourism industry is the country’s improved healthcare infrastructure. Turkey is continuously improving its healthcare infrastructure as various hospitals are being developed by the government. In fact, the country has the highest number of Joint Commission International (JCI) accredited hospitals in the world, making it one of the most promising medical tourism markets worldwide.
Low cost of treatment is also driving the medical tourism industry in Turkey. Medical costs for procedures and surgeries in Turkey offer international medical travelers’ huge savings that generally amount to as much as 50%-75% of costs for the same surgeries and procedures in the US and other developed countries of Europe. To further boost the number of medical tourists in the country, Turkish Airlines have recently announced 25% discount on listed fares for a medical patient and companion in possession of a note from a doctor or an acceptance letter to a Turkish medical facility.
Our research report “Emerging Medical Tourism in Turkey” provides exhaustive analysis of the present and future prospects of the Turkish medical tourism industry. It evaluates medical tourism industry in-detail with focus on its various parameters like inbound tourism, expenditure by inbound tourists, healthcare infrastructure, etc. The report also provides strategic insight to clients to evaluate the opportunities for their success in the Turkish medical tourism industry.
The research also features forecast for vital segments of the industry, including forecast for international tourist arrivals, international tourism receipts, medical tourism receipts, GDP real growth, population and personal disposable income.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM040.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
Emerging Medical Tourism in Turkey, Market Research Reports, Industry Report, Industry Research, Business Research, Industry Analysis |
| Category |
Travel and Leisure |
| Submission Date |
Oct 19, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Travel and Leisure |
| 1. |
Algarve Car Hire
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With Easy Algarve Cars Hire it is very easy to book your car online.
Just fill in the booking form and we will send you a confirmation for your car hire in Algarve along with pick up instructions at the airport.
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| 2. |
Signs of Downturn in Russia Come with Hope
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Russia, February 2009: Moscow has experienced the first signs of the economic downturn, with a five-point drop in chain hotel Occupancy Rate (OR) for 2008, reaching 70%.
Average Daily Rate (ADR) ended the year at €251, only a 5% increase compared to 2007, whilst Revenue per Available Room (RevPAR) decreased slightly to €175.
“These performance indicators released by our market monitoring database, Hotel CompSet, clearly illustrate the first phase of the downward cycle. Although Russia is an emerging market for hotel developers, and indeed will become a goldmine destination in the years ahead, the economic crisis has hindered performance in 2008,” stated Director of Development, MKG Hospitality, Vanguelis Panayotis.
This drop in OR was also fuelled by many new hotel openings in 2008, increasing competition. “Soon we will see ADR decreasing, as demand will continue to be low and hoteliers will be pushing to fill their rooms. This of course will ultimately drive RevPAR down,” added Panayotis.
According to MKG Hospitality, the economy should slowly recover in 2010-onwards, and when it does, the country will see many major hotel developments.
Hilton is one of many hotel brands who have identified Russia as a key market, with major plans for the future. “Russia represents one of the greatest potential for hotel growth in the world today and we are certainly entering at a pivotal time in its economic development. Over the next ten years, we anticipate that we could see more than 70 Hilton Family hotels across key Russian cities and regional centres,” revealed Vice President Development for Northern Europe, Hilton, Mike Collini.
According to Collini, Hilton will achieve this growth target by working with local developers and hotel owners, through a combination of management and franchise agreements.
Accor is another group with high hopes for the Russian market. “We are one of the few companies that truly believe in the Russian market,” remarked Director of Operations for Russia and CIS, Accor, Alexis Delaroff.
“We will have one or two hotels in each city with more than one million inhabitants. We are also looking at niche cities, where industrial and/or touristic potential is promising. We have over 30 signed contracts all over Russia – from Kaliningrad to Irkutsk, and from Murmansk to Sochi. This is the strength of our portfolio of brands that allow us to find an answer to each specific request of each specific location,” added Delaroff.
Opportunities seem to be greater in key cities such as Moscow and St Petersburg, as well as up-and-coming leisure destinations such as Sochi and the Black Sea coast. Then there is potential in over 30 key regional cities, such as Kazan, Ekaterinburg, Ufa and Perm – particularly for Midscale hotel products.
“Due to the lack of quality hotel guestroom supply, pretty much all regions have very strong potential for development. It is in the economically vibrant industrialised cities where the best potential lies, which is also the basis of our selection criteria for deciding where to go,” explained Senior Vice President Business Development, Rezidor, Arild Hovland – currently the largest hotel operator in Russia with 3,786 rooms in operation.
Improved accessibility from key feeder markets, such as Western Europe and the US, combined with increased wealth and mobility of domestic travellers are all key factors for the growth in Russia’s tourism and hotel industry in recent years. The country’s economic growth over the last decade is also fuelling major infrastructure projects for foreign investors, whilst opening new doors for MICE business.
“MKG expects big things from this market in the near future. Although the current economic crisis has hindered the pace of development, as it has throughout the world, new opportunities have emerged, suggesting that the right time to enter the race might be now,” said Senior Consultant and Director of MKG Hospitality’s office in charge of Russia, Colette Ambiehl.
With the rise of local brands and the growing interest of international chains, including Hilton, Accor and Rezidor, Russia promises to be the world’s next major playground for hotel investors. Together with an accommodation undersupply, short payback periods and high average daily rates, the country remains a very lucrative market.
“Once economic recovery kicks off, there is likely to be built-up demand. At very least, companies should be well-prepared and ready to go,” concluded Ambiehl.
- ends -
About MKG Group
Established in 1985, MKG Group has built a reputation for solid business expertise and substantial know-how in the fields of tourism, lodging and food service. MKG Group meets the needs of each of its clients by providing the valuable analytical and decision-making skills necessary for success. www.mkg-group.com
Methodology & Innovation
With a team of over 60 experienced consultants, as well as advanced research and analytical tools and applications, MKG Hospitality provides unique savoir-faire in four major areas of expertise: Market Research; Financial Feasibility Studies; Consulting; and Sector publications.
MKG Hospitality is a global leader in tourism, hotel and catering consulting, with the largest database in the world (outside the US), representing all segments from budget to upscale hotels. MKG’s customised database, Hotel CompSet, contains a sample of over 200 brands and 11,000 corporate chain hotels, representing more than one million rooms. Hotel CompSet provides daily, monthly and yearly monitoring of hotel indicators and analyses of its sample. www.hotelcompset.com
Together with other specialised brands, MKG Qualiting, OlaKala, Worldwide Hospitality Awards, Global Lodging Forum, HTR Magazine and Hotel Restau Hedbo, MKG Group supports investors, small or large, hoteliers and key tourism players improve performance, boost productivity and achieve optimal results.
For further information, please contact:
Media Contact
MKG Hospitality
Tel: +357 22 44 23 21
Fax: +357 22 31 30 23
E: press@mkg-group.com
Web: www.mkg-hospitality.com
Database Department
MKG Hospitality
Tel: +33 1 56 56 87 87
Fax: +33 1 56 56 87 88
E: bdd@mkg-hospitality.com
Web: www.mkg-hospitality.com
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| 3. |
RNCOS Releases a New Report- Turkey Tourism Industry Forecast to 2012
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RNCOS has recently added a new Market Research Report titled, "Turkey Tourism Industry Forecast to 2012 " to its report gallery. Turkish tourism industry has reported remarkable growth over the past few years. The country received more than 26 Million international tourists during 2008. These numbers are expected to grow, despite the current economic crisis, says “Turkey Tourism Industry Forecast to 2012”, a new report from RNCOS.
According to the report, country is becoming a popular destination for health care tourism especially for the European citizens. A part form health tourism other forms of tourism is also becoming popular in Turkey. Factors like rapidly growing income levels, government support and strategically location between the three continents are anticipated to drive the future growth of the tourism industry.
Our report “Turkey Tourism Industry Forecast to 2012” provides an insight into the Turkish tourism market. It evaluates the past, present and future scenario of the tourism market in Turkey and discusses the key factors which are making Turkey a potential tourism destination. This report provides strategic insight to the client, to evaluate the opportunities for their success in the tourism industry of Turkey. With focuses on different parameters of tourism industry, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, and hotel industry, the report gives a thorough analysis on the tourism industry in Turkey.
The research report provides the detail analysis of the forces that are fuelling the growth in the Turkish tourism industry. The research also covers the overview of the Middle Eastern tourism industry, helping the clients to evaluate and analyze the present and future position of Turkish tourism industry in the region.
The report provides 4-year industry forecast (2009-2012) on various segments of tourism industry based on feasible tourism industry environment in the Turkey. These include:
- Tourist Arrivals in Middle East
- Tourists Arrival in Turkey
- Tourism Receipts
- Outbound Tourism
- Outbound Tourism Expenditure
- Consumer Expenditure in Hotels & Restaurants
- Number of hotels by 2010
The report provides an insight of key players in the tourism industry of Turkey including, Hilton Hotels Corporation, Accor Hotel Group, Marriott International, Inc., Turkish Airlines, Air France-KLM, EgyptAir Holding Company, Emirates, Dedeman Hotels & Resort and Ihlas Holding A.S.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM009.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 4. |
Patients Flocking Turkey for Low Cost Medical Treatment
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|
|
According to our new research report titled “Emerging Medical Tourism in Turkey”, the medical tourism market is forecasted to grow at a CAGR of over 50% between 2009 and 2013 on the back of low cost of treatment and improved healthcare infrastructure.
Turkey is gaining the reputation of providing excellent medical and healthcare services in many fields, including cosmetic and plastic surgery, cardiac procedures, vision, orthopedics, dentistry and many more.
A Senior Research Analyst at RNCOS says that one of the major driving forces for the Turkish medical tourism industry is the country’s improved healthcare infrastructure. Turkey is continuously improving its healthcare infrastructure as various hospitals are being developed by the government. In fact, the country has the highest number of Joint Commission International (JCI) accredited hospitals in the world, making it one of the most promising medical tourism markets worldwide.
Low cost of treatment is also driving the medical tourism industry in Turkey. Medical costs for procedures and surgeries in Turkey offer international medical travelers’ huge savings that generally amount to as much as 50%-75% of costs for the same surgeries and procedures in the US and other developed countries of Europe. To further boost the number of medical tourists in the country, Turkish Airlines have recently announced 25% discount on listed fares for a medical patient and companion in possession of a note from a doctor or an acceptance letter to a Turkish medical facility.
Our research report “Emerging Medical Tourism in Turkey” provides exhaustive analysis of the present and future prospects of the Turkish medical tourism industry. It evaluates medical tourism industry in-detail with focus on its various parameters like inbound tourism, expenditure by inbound tourists, healthcare infrastructure, etc. The report also provides strategic insight to clients to evaluate the opportunities for their success in the Turkish medical tourism industry.
The research also features forecast for vital segments of the industry, including forecast for international tourist arrivals, international tourism receipts, medical tourism receipts, GDP real growth, population and personal disposable income.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM040.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 5. |
Trekking in Nepal
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Trekking in Nepal is a paradise, as Nepal has been known to be the best destination for trekkers in the world. Nepal has some of the most spectacular, exciting and breathtaking trekking that nowhere can be found in the world, therefore, Trekking in Nepal is the special for mountain lovers, to those who would like to discover the diverse range of flora and fauna, varieties of the culture or simply to have special holidays in the majestic mountains.
Trekking in Nepal has known for 100 years, as the trekkers come to view the diverse lifestyle of the inhabitants in the mountain regions. No doubt, the hospitality of the people living the Himalayas enchants trekkers in such a way that they come again and again and have fondest memories of Nepal throughout their life.
Nepal is a country of friendly people belonging to many different ethnic groups, each having their own variety of culture, religion, festivals and castes etc.
Nepal owns the lowest elevation to the highest peak of the earth. Furthermore, of the 14 highest peaks above 8,000m in the world, Nepal owns over eight the highest mountains and over 1300 peaks above 6,000 m. Therefore, while you have a trekking in Nepal, you have a chance to explore these giant Himalayas on foot, there is no doubt that you will be exhilarated while you have holidays in Nepal.
Furthermore, most of trekking regions of Nepal are encompassed by national parks, which have a diverse range of wildlife, including rare and endangered species. So, when you have trekking, if you are lucky you may even spot tigers or elusive snow leopards in the Himalayan area.
Your trekking involves walking through diverse forests, from sub tropical to alpine as well as different landscapes, lush alpine meadows and rocky snow covered passes, ice falls, glaciers, high altitude and frozen lakes. Therefore, Nepal can be the best destination to spend your holiday with much thrill.
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