Millennium & Copthorne Middle East & Africa (MEA) has signed a management agreement with Altin Istanbul A.S to operate the group’s first property in Turkey, Millennium Golden Horn Hotel, Istanbul.
The landmark hotel is located in the prestigious historic Golden Horn area of Istanbul and signifies the start of a planned strategic expansion across all regions in Turkey for the global hotel operator.
Due to open in 2017, Millennium Golden Horn Hotel is located at The Golden Horn, in the European sector of Istanbul, which was previously an old trading harbor and a popular residential area during the Byzantine period. The property is within the borders of an urban transformation project of Ottoman Ayvansaray, executed by Fatih Municipality, and covering an area of approximately 11,000 m2.
Designed to stay true to the original architecture of the area the project comprises of the hotel and historical renovated buildings and mansions. The hotel will have 125 rooms and will include an international restaurant, bar, two terraces, one ballroom, one meeting room and a wellness area that offers a Turkish hammam, Sauna, a gym and a pool.
Francois Kassab, Chief Operating Officer, Millennium & Copthorne , said: “This marks a significant milestone in Millennium & Copthorne’s expansion towards 2020. Turkey has always been on our radar and we have decided to take this step and enter the Turkish market with one of the most reputable partners in the country, Altin Istanbul A.S. We believe that this new exciting project will attract tourists from around the world because of its unique location and character”.
Mr Sahin, Altin Istanbul A.S added: “We are delighted to join hands with a recognised global hotel operator such as Millennium & Copthorne. We are very excited by our project which has such a rich history attached to it and believe that it will prove to be one of most desirable hotels in Istanbul.
“We see this flagship signing as the start of a strategic expansion across Turkey and we have major plans for developments in various key cities. Istanbul itself is now considered one of the key gateway cities globally so naturally it made sense to make our first signing in this cultural capital.”
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