September 23, 2011

Istanbul’s Rising Popularity Attracts International Hoteliers

Thanks to a huge rise in the attractiveness to tourists of Turkey’s largest city, international hoteliers have chosen Istanbul as a new major investment destination, a recent report by the Touristic Hotels and Investors Association (TUROB) has shown.

According to the TUROB report, there are currently about 100 hotels under construction in Istanbul, 39 of which will be five-star hotels. It is expected that the completion of these hotels in two years’ time will add 20,000 beds to İstanbul’s hospitality sector. 

The Hilton Garden Inn, Crowne Plaza, Radisson Blu, Ramada, Holiday Inn Express, Marriott, Novotel, Ibis, Le Meridien and others will either enter the hospitality sector or expanding their existing network in this giant city of over 13 million people (as of 2010).

Read more on Today's Zaman: Istanbul’s Rising Popularity Attracts International Hoteliers

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