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While the tourism industry continues its recovery after the pandemic, the global travel and tourism market is expected to reach $16.2 billion by 2031, according to data released by Transparency Market Research. Boosted by the sectoral growth, the local travel experience platform announced that it has received its first investment of 1.2 million dollars.

*** This release is originally published in Turkish.

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ISTANBUL (TR) - Tourism, which is one of the sectors most affected by the pandemic, continues its recovery. According to the data published by Transparency Market Research, the global travel and tourism market, which reached 4 billion dollars in 2021, is expected to grow by a CAGR of 15.5% until 2031, to reach 16.2 billion dollars. According to the statistics announced by the Ministry of Culture and Tourism, Turkey hosted a total of 26 million 195 thousand 747 visitors in the first 7 months of this year. While this number indicates an increase of 128.28% compared to the same period of the previous year, the local travel experience platform Bilet.com, which accelerated its momentum with the wind of the sectoral growth, announced that it received its first investment of $ 1.2 million. Aiming to increase its market share, create a perfect customer experience and serve in global markets with the investment they received in the A series tour, Bilet.com announced that as of August, they started operating internationally with their services in the category of event tickets.

The first and only ticketing platform that brings together local and international tickets

Stating that the tourism sector could not fully overcome the effects of the pandemic, Bilet.com CEO Assoc. Prof. Atakan Kurt commented: “While the effects of the pandemic on the industry are still continuing, we accelerated our growth momentum with the new services we developed for travelers as well as selling air and bus tickets. With our increasing number of users, we are among the most visited websites in Turkey's tourism category, according to Similarweb's July statistics. In this way, as the first and only ticket platform of our country and the world that offers both travel and event tickets, we entered the radar of not only local but also foreign investors. We closed our tour with an investment of 1.2 million dollars from foreign investors. Now the goal is to close 2022 with 1.5 million and 2023 by 3 million ticket sales, and to become a worldwide ticket-oriented super application.”

They broke new ground globally

Stating that entertainment and travel markets started to rise in the summer of 2022, Assoc. Prof. Atakan Kurt explained their working model: “We offer our customers an uninterrupted process from start to finish in our adventure that we embarked on in 2015 with our principle of perfect customer experience. We continue to grow by adding a new one every year to our services on our platform, which we established to sell affordable air and bus tickets. Accordingly, we added ferry tickets in 2016, entertainment tickets in 2018, and car rental options in 2020. Moreover, we broke new ground by including these categories together for the first time among online ticketing platforms.”

Travel and event tickets meet on one platform

Underlining that they will create a practical experience area for users in the field of travel by adding many new features to their platforms in the future, Bilet.com CEO Assoc. Prof. Atakan Kurt shared his goals: “In the coming period, we have started our work so that our users in all cities can also load public transport cards for their inner-city journeys through our platform. We will add hotel reservation feature to our platform soon. Thus, a user who plans to leave his home in London and travel to Cappadocia will be able to access all tickets for the entire travel and event process, from the flight ticket to the hotel and the balloon tour, from a single application.”