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Businesses in the Turkish tourism sector are experiencing a new momentum, driven by growing customer interest in the luxury hotels lining the Bosphorus.
Istanbul, one of the most populated cities in the world, has become the centre of attention for wealthy tourists. With the increase in vaccinations, tourists and travellers are returning, while business tourism is growing strongly.
The arrival of high net worth individuals has accelerated since July, with a peak in demand in October. The occupancy rate of the city’s luxury hotels has reached 100%. Room prices in these establishments start at 600 euros per night, and can rise to more than 35,000 euros for the most luxurious suites.
Stressing that there is demand for all types of rooms, tourism professionals say Istanbul is one of the world’s leading tourist centres, especially for the luxury and business travel segment.
Luxury hotel guests come primarily from Russia and other members of the Commonwealth of Independent States (CIS). The Middle East and Latin America follow shortly after.
The Bosphorus, a favourite location for luxury hotels in Istanbul, is also the focus of new investments. For example, the Mandarin Oriental hotel chain recently opened its own establishment there, alongside other big names such as Shangri-La or Four Seasons.
Mandarin Oriental Bosphorus, one of the most luxurious brands in the Far East, has managed to become a favourite destination for domestic and foreign tourists in just one month. Despite its new opening, the hotel’s occupancy rate has already reached 100%. According to the information obtained, the hotel, where Russians, Qataris and Americans are the most numerous, has the most expensive room at 35,000 euros per night.
Çırağan Palace Kempinski Istanbul is also among the top choices of wealthy tourists. Ralph Radtke, the hotel’s general manager, said they had never closed their hotels since the pandemic process began. “Today we have achieved a significant increase with the reduction in travel restrictions and especially with the positive effect of the vaccine roll-out,” he said. “We are now close to the 2019 figures“.
Read also > LUXURY HOTELS IN NEPAL IN DIRE STRAITS
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Businesses in the Turkish tourism sector are experiencing a new momentum, driven by growing customer interest in the luxury hotels lining the Bosphorus.
Istanbul, one of the most populated cities in the world, has become the centre of attention for wealthy tourists. With the increase in vaccinations, tourists and travellers are returning, while business tourism is growing strongly.
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Businesses in the Turkish tourism sector are experiencing a new momentum, driven by growing customer interest in the luxury hotels lining the Bosphorus.
Istanbul, one of the most populated cities in the world, has become the centre of attention for wealthy tourists. With the increase in vaccinations, tourists and travellers are returning, while business tourism is growing strongly.
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