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MERIT Tourism A.S. (Turkiye)

Main Activities: Traveler Accommodation | Hotels (except Casino Hotels) and Motels
Full name: Merit Turizm Yatirim ve Isletme Anonim Sirketi Profile Updated: June 18, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

MERIT Tourism A.S. is based in Turkiye, with the head office in Istanbul. The company operates in the Traveler Accommodation sector. It was incorporated on October 07, 1988. It currently has a total number of 25 (2024) employees. From the latest financial highlights, MERIT Tourism A.S. reported a net sales revenue increase of 127.62% in Q3C2025. Its’ total assets recorded a growth of 64.96%. The net profit margin of MERIT Tourism A.S. decreased by 81.01% in 2025.

Headquarters
Etiler District, Bade Street No.9, Floor B:1 Room No:2, Besiktas
Istanbul; Marmara;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 07, 1988
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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30.25%
Subsidiaries
Merit Land Development Limited
99.9%
Voyager Kibris Limited
19.7%
Elite Development and Management Limited
3.37%
Company Performance
Financial values in the chart are available after MERIT Tourism A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
127.62%
Total Operating Revenue
123.32%
Operating Profit
127.99%
EBITDA
127.99%
Net Profit/Loss for the Period
64.52%
Total Assets
64.96%
Total Equity
65.39%
Operating Profit Margin
0.34%
Net Profit Margin
-81.01%
Return on Equity (ROE)
-0.02%
Quick Ratio
895.39%
Cash Ratio
-0.09%

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