THE IMPACT OF EXCHANGE RATE VOLATILITY ON TOURISM SECTOR: A CASE STUDY, TURKEY

Tourism sector makes a significant contribution to maintaining balance of payments on current account in Turkey. Moreover, tourism sector creates the facilities of employment, promotes economic expansion, and plays a central role in representing quality services and attracting as many tourists as possible. In this case, exchange rate volatility has a markedly effect on tourism sector. In this paper, the question of whether currency fluctuations have an impact on the number of tourists coming to Turkey will be analysed.