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  • Turkey Emerges as Most Cost-Effective Destination for German Tourists in 2023

    Daily Monitor July 29, 2026

    Turkey Emerges as Most Cost-Effective Destination for German Tourists in 2023

    A recent analysis by the German Banking Association highlights Turkey as the most advantageous travel destination for German tourists in terms of purchasing power this summer.

    According to data from the OECD and Eurostat, one Euro in Turkey equates to approximately 1.79 Euros in Germany, providing travelers with nearly double the value for their money compared to domestic prices. Despite a significant increase in local prices—up 36% for hotels and restaurants over the past year—this is offset by the depreciation of the Turkish Lira, making services relatively affordable for Eurozone visitors. Other countries such as Poland, Hungary, Greece, and Spain also offer favorable purchasing power, while Northern European countries and Switzerland present higher costs, with a Euro in Denmark valued at only 79 cents of German purchasing power.


    For journalistic integrity, this report was summarized from: augsburger-allgemeine.de

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