Properties / Hotels

Istanbul to get “seven-star hotel”

Istanbul is to get a new seven-star hotel, according to local media reports. Luxury Shangri-La hotel group signed an agreement April 11 with local developer Tanrıverdi Holdings to build the hotel on the banks of the Bosphorus strait. The hotel is to be built on the site of an old tobacco factory in the central […]

Apr 16, 2010 | By Anakin

Istanbul is to get a new seven-star hotel, according to local media reports.

Luxury Shangri-La hotel group signed an agreement April 11 with local developer Tanrıverdi Holdings to build the hotel on the banks of the Bosphorus strait.

The hotel is to be built on the site of an old tobacco factory in the central BeÅŸiktaÅŸ district, Turkish newspaper Zaman reports.

The 200-room hotel is due to open in 2012. It will have seven storeys both above and below sea level and will cost an estimated $250 million to construct.

Shangri-La owns 66 luxury hotels, the majority of them establishments with five-star rankings.

Although in theory any hotel can lay claim to a “seven star” ranking, the new property will need to be exceptionally impressive for the rating to be credible.

It is generally accepted that only three seven-star establishments have successfully managed to get the “rating” to stick — the Town House Galleria in Milan, the Burj Al Arab in Dubai and the Emirates Palace in Abu Dhabi.

Source: AFPrelaxnews, 2010


 
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