Financial Times FT.com

Tourism: Volumes rise, spending falls

By Delphine Strauss

Published: November 25 2009 16:32 | Last updated: November 25 2009 16:32

Eight and a half tons of fireworks; enough caviar to fill a private jet; and a guest list ranging from Sharon Stone and Tom Jones to the prime minister of Uzbeki­stan: last May’s launch party opening the Mardan Palace hotel in Antalya was nothing if not lavish.

The hotel, complete with gold-plated bathrooms and a five acre swimming pool, is the creation of Azerbaijani billionaire Telman Ismailov, the latest oligarch drawn to the Mediterranean province already popular with high-spending Russians.

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