Business is not good in the tourism sector, but Istanbul continues to draw the attention of investors. New hotel investments directed at Istanbul are being spread across new regions and changing the tourism map of the city. According to a study by Resort magazine, the new hotel investment areas are the Anatolian side and Haliç.
The infrastructure projects planned until 2018 has brought projects which will quickly change the Anatolian side of Istanbul, on to the agenda. The region has domestic and foreign chains and branded hotels, such as Marriott, Hilton, Double Tree Hilton, Titanic, Green Park, Limak Eurasia Luxury Hotel, Asia Princess Hotel, Wyndham Istanbul Kalamış, Radisson Blu, Divan, Miracle and Silence already in operation. New hotels are also being added to these. The Address Hotel, the hotel chain of the Sheraton and Emaar Group, is also preparing to open. Cevahir Yapı has reached agreement with Sheraton, owned by the Starwood Group, for the hotel it is to build in Ataşehir. The 500 room Sheraton Istanbul Ataşehir will be built as a luxury hotel.
The Abu Dhabi based Islamic hotel Rotana will also be on the Anatolian side of Istanbul. They will open two hotels in Maltepe. One of the hotels, Burgu Arjaan by Rotana, will consist of 162 rooms, while the other, Tango Arjaan by Rotana, will consist of 156 rooms.
Hoteliers are saying that hotels concentrated around the regions of Sultanahmet, Taksim and the Bosphorus, have now started to spread across the Anatolian side, and that this development will change the hotel map of Istanbul.
Kemal Sinmez, the General Manager of Hilton Istanbul Kozyatağı, says that 14 new hotels have opened in the region, and that tour operators have begun to include the region in their program.
Burak Gören, a Member of the Board of Directors of Emay construction, states that the number of tourists coming to the Anatolian side has started to increase, and that they want to establish a hotel chain.