Wanda Hotels & Resorts has become the first Chinese hotel management company to export its luxury hotel brands overseas, following an agreement with Mar Yapi to build Wanda Vista Istanbul, expected to open by the end of 2018.
The project is funded by Mar Yapi and designed by Philippe Starck. The new 150-room hotel is near the biggest shopping district in Istanbul, a five-minute drive from Ataturk International Airport and 25 minutes away from the city centre.
Qian Jin, president of Wanda Hotels & Resorts, said: “Wanda Vista Istanbul is more than just the first Wanda hotel to be opened overseas; it is also the first brand we have marketed overseas. It marks another significant step toward our goal of becoming a respected international luxury hotel company from China.”
Munir Ozkok, chairman of, Mar Yapi, said, “Among 50 major cities in China where Wanda hotels operate, more than 50% of them have achieved outstanding performance, being the lead in the market. As China and Turkey move toward closer economic cooperation, I am confident Wanda Vista Istanbul will successfully offer oriental services that delight guests not only from China but from many other countries globally.”
By the end of 2016, the number of luxury hotels owned and operated by Wanda Hotels & Resorts had reached 104 in China. Today, Wanda Hotels & Resorts has six international projects, including those in the Gold Coast, Sydney, Chicago, Los Angeles and London.