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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: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Merit Turizm was established in 1988 to operate in the hotel management sector. Nowadays, with Its bed capacity of over 2000 beds and under the umbrella of Merit International Hotels and Resorts, the company continues its activities in hotel management area.

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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69.74%
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30.26%
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
45.54%▲
Total operating revenue
47.55%▲
Operating profit (EBIT)
92.37%▲
Net Profit (Loss) for the Period
122.16%▲
Total assets
67.88%▲
Total equity
64.55%▲
Operating Profit Margin (ROS)
10.99%▲
Net Profit Margin
13.1%▲
Return on Equity (ROE)
0.35%▲
Quick Ratio
-0.38%▼
Cash Ratio
0.08%▲

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