Turkey is still interesting as a tourist destination: as NATO member country and partner of the EU. Especially international hotel groups are getting involved in popular destinations such as Istanbul. Hilton, Starwood Hotels (with its Sheraton brand), Carlson Rezidor, Wyndham and Raffles rely on so called mix-used projects – including residences (serviced apartments), shopping malls and offices.
In total 74 new top hotels are in the pipeline in Turkey. This data has been revealed by TOPHOTELPROJECTS, the worldwide leading provider of global b2b hotel data.

Selected hotel projects in Istanbul/Turkey
Radisson Blu Residence Istanbul Batisehir – 171 rooms – planned opening: spring 2016

Steigenberger Hotel Istanbul Airport – 210 rooms – planned opening: spring 2016

Mandarin Oriental Bosphorus, Istanbul – 130 rooms – planned opening: 2017

Hilton Istanbul Bakirkoy – 305 rooms – planned opening: early 2017

The growing number of new hotels in Istanbul – according to TOPHOTELPROJECTS currently 30 projects with a total of 5,400 rooms – is increasing the market pressure again. The existing 200,000 beds in hotels and private pensions are available for approximately 11.8 million travelers. The number of tourism is expected to grow further, but not for the holiday destinations Antalya on the Turkish Mediterranean coast. The number of foreign tourists decreased in this year’s first half to 12.3 percent, mainly because guests from Russia failed to materialize.

TOPHOTELPROJECTS collects and evaluates data about all hotel construction projects and hotel chains worldwide in an online database and provides its subscribers with a comprehensive overview of all major hotel projects, refurbishments and extensions worldwide. The online database currently holds over 5,000 live and confirmed projects and more than 1,800 hotel brands.