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05.07.2023

Akfen REIT’s 15 Hotels Operated in Turkey Welcomed Their 10 Millionth Guest

2 min

Since 2007, the 15 hotels in Turkey owned by Akfen Real Estate Investment Trust (Akfen REIT) and operated by Accor Group, one of the world’s leading hotel chains based in France, have welcomed their 10 millionth guest.

The number of guests hosted in the 15 hotels in Turkey, owned by Akfen Real Estate Investment Trust (Akfen REIT) and operated by the Accor Group, one of the world’s leading hotel chains based in France, has reached 10 million.

As part of its long-term partnership with Accor Group, which marked Akfen’s foray into city hotel management, the company launched its first two links in its city hotel investments on March 11, 2007, with Novotel Istanbul Zeytinburnu and Ibis Istanbul Zeytinburnu in Istanbul Zeytinburnu.

Akfen REIT’s hotels operated by Accor Group are strategically located in various cities across Turkey. The hotels, found in major tourist and business centers such as Istanbul’s Tuzla, Esenyurt, Karaköy, as well as in Eskişehir, Trabzon, Gaziantep, Kayseri, Bursa, Adana, Izmir, and Ankara, continue to host their guests with a wide range of services and comfort options.

In addition to generating rental income from its portfolio of 20 hotels, 2 student dormitory complexes, a holiday village, an office building, and a factory building in Turkey, the TRNC, and Russia, Akfen REIT currently has investment-stage lands in Istanbul Söğütlüçeşme, Bodrum Yalıkavak, and Kıyıkışlacık. The total value of Akfen REIT’s portfolio is around 600 million Euros.

 

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