The FINANCIAL — Starwood Hotels & Resorts Worldwide, Inc. has signed an agreement with Cevahir Yapi Sanayi Turizm ve Ticaret A.S. to open a new Sheraton hotel in Istanbul, according to Starwood Hotels & Resorts Worldwide, Inc.
Set to open next year, Sheraton Istanbul Atasehir will reinforce the global growth of the Sheraton brand as it remains on track to open its 500th hotel by 2015.
“We look forward to a long-term collaboration with Cevahir Yapi Sanayi Turizm ve Ticaret as we enter into our first hotel development together, further expanding our iconic Sheraton brand in Turkey,” said Michael Wale , President, Starwood Hotels & Resorts, Europe, Africa and Middle East. “Our growing footprint in Turkey reflects the country’s continued growth as a tourist magnet, as well as an event, business and financial centre. Istanbul is a truly multi-cultural city and we’re excited to open our first hotel on the Asian side, offering business and leisure travellers a new gathering place in this dynamic destination,” he added.
“Sheraton’s international standards and impressive track record in the region are in line with our vision to support the development of the Atasehir district in Istanbul as the city’s emerging financial district,” said Islam Cevahir, a member of the board of directors, Cevahir Yapi Sanayi Turizm ve Ticaret A.S. “Sheraton Istanbul Atasehir Hotel will be part of a complex featuring offices, conference rooms, retail and parking, making the hotel a landmark business hub in this district,” Gevahir added.
Sheraton Istanbul Atasehir will be located in the Atasehir district, a business and trading centre located eight kilometres from the Asian trading port at the intersection of two main highways, connecting the Asian and European sides of Istanbul. Featuring 160 guest rooms with scenic views of either the Marmara Sea or the bustling city, the hotel will occupy the top section of a new multi-purpose building from the 18th to 27th stories. Developed by Varyap Meridian Otel & Ofis, the hotel is designed by international architectural firm RMJM together with Istanbul-based interior designer, Kreatif Design.
Sheraton Istanbul Atasehir is set to become the gathering place for business travellers, offering extensive modern meeting and event space, including a grand ballroom, a junior ballroom, 12 meeting rooms and a business centre. The hotel will feature an all-day dining restaurant, a lobby bar, the signature Sheraton Shine Spa with five treatment rooms, an outdoor swimming pool and retail shops, according to Starwood Hotels & Resorts Worldwide, Inc.
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