A glance into the TOPHOTELPROJECTS construction database shows that Turkey’s hotel market is growing steadily, aided by a dominant exposure from its largest city, Istanbul.
Over the next few years, 40 properties with 7,249 rooms will open across the country, according to our researchers. We’re taking a closer look at these upcoming launches and highlighting the ones you should watch out for.
Hotel openings in Turkey
In the last quarter of 2021, 11 other hotels with 1,435 rooms will be launched in Turkey.
2022 will also be a busy year, with 14 openings and 2,732 new rooms in the pipeline. For 2023, eight other projects with 1,814 keys are in preparation, while seven projects and 1,268 rooms have been reserved for 2024 and beyond.
Additionally, 22 of the 40 projects we track target the five-star category, with the rest focusing on the four-star market.
Main urban growth markets in Turkey
Istanbul’s economic powerhouse will get 13 new hotels in total, adding 2,709 rooms to the city’s supply.
Elsewhere, Bodrum, an important port city and seaside tourist destination, has four new hotels and 373 rooms in the pipeline. And the capital Ankara will see the launch of three properties, involving 657 additional keys.
Upcoming remarkable hotel openings in Istanbul
The Radisson Hotel Apartments Delta Istanbul Esenyurt will likely be the first of our selected properties to open. Scheduled to start in Q3 2022, this 240-room project is part of Wish Istanbul, a two-tower mixed-use real estate development. The hotel tower of apartments will offer a range of facilities, including an all-day restaurant, lobby lounge, pool bar, grill and spa, as well as nearly 2,200 mÂ² of living space. reception area.
Meanwhile, Citadines Nivo Istanbul is expected to start welcoming guests in the fourth quarter of 2022. Located on Kanal Istanbul, at the intersection of the city’s main traffic arteries, this hotel will provide comfortable accommodation close to major business districts. and leisure attractions, while Istanbul AtatÃ¼rk International Airport is only a 30-minute metro ride away. Travelers staying in one of the 150 serviced residences will have access to a resident lounge and on-site gym.
Finally, in early 2023, the luxurious Mandarin Oriental Etiler will open its doors in a three-tower development in one of Istanbul’s most exclusive neighborhoods. An impressive 409 rooms, suites and furnished apartments will occupy one of the three towers, while a residences project at the Mandarin Oriental will occupy the other two. The hotel will have three restaurants and bars, a spa and a fitness center, and the residences will have top-notch facilities to complement their breathtaking views of the city.