Key Facts About Turkish Tourism
• Great geographical advantage - one quarter of the world’s population can be reached within four hours of flight time.
• Tourism is the fastest developing sector in Turkey.
• Tourism is the fastest developing sector in Turkey.
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On Monday, April 30, the Wall Street Journal broke a story reporting that Coca-Cola (KO) was in discussions to purchase energy drinks company Monster (MNST). Monster's share price swelled 20% on the news - its market cap popping up $2 billion to roughly $13 billion - but Coca-Cola ultimately decided to walk away from the deal. Coca-Cola CEO Muhtar Kent said late Monday that, "at this time," the company is not in talks to buy Monster. Monster's share price fell back to its pre-news market cap of around $11 billion.
Almost 3,500 Turkish companies are currently operating in 103 countries. Nearing $24bn, Turkish outward direct investments intensify in energy, banking, communications, manufacturing and commerce. According to a study from the Ankara Trade Chamber based on Treasury and Central Bank data, outward direct investments, at a mere $3.7bn by 2001, shot up to $23.6bn as of September 2010. Therefore, near $20bn of the Turkish investment abroad has been made in the past decade. 






