Merit Tourism & Casino Hotels

Merit Turizm Yatirim ve Isletme A.S. is a hotel management company founded in 1988 as a Net Holding affiliate. Headquartered in Besiktas, Istanbul, the company has its shares traded on Borsa Istanbul under the ticker MERIT.

The company carries out hotel management and operations under the Merit International Hotels & Resorts umbrella. According to its corporate website, Merit-branded hotels are located mainly in the Turkish Republic of Northern Cyprus, as well as in Montenegro and Bulgaria; besides accommodation, the properties offer casino, spa, meeting and event services. Merit Turizm takes on the management of these properties through brand and operating agreements with Net Holding affiliates established in these countries.

For MERIT shares, the course of the tourism season, visitor flows to Cyprus and the Balkans, exchange rates and contracts with the main shareholder are the topics followed. The technical indicator section and historical return calculator on the Lzzo.com page help assess the stock's performance from different angles.