8 December 2020
Our researchers have checked the TOPHOTELPROJECTS construction database and found that Turkey’s hotel market will maintain consistent growth in established destinations over the coming years.
44 new hotels with 8,183 keys are in the pipeline across Turkey. We find out more about these upcoming openings.
Steady growth in the years ahead
Over the years, Turkey has established itself as a top destination for both business and leisure travellers, which has led to the country’s hotel market growing consistently. Our researchers have found that this trend is set to continue in the near future.
Five more launches with 893 rooms are still due before the end of 2020, all of which are already in the pre-opening phase. In 2021, 15 hotels with 2,254 keys will open their doors, while the country’s offering will grow by 14 properties with 2,438 rooms in 2022. Ten more projects are in the pipeline for 2023 and beyond.
The split between four- and five-star hotels will be almost even, with 21 properties falling in the four-star category and 23 in the five-star luxury sector.
Turkey’s key growth areas
The economic hub of Istanbul will get 16 additional hotels with 2,785 rooms in the coming years.
This puts it well ahead of the popular beach destination of Bodrum, which will add five properties with 493 keys. Meanwhile, the capital Ankara has three ongoing projects with 500 rooms in total.
International brands expanding in Turkey
Radisson Hotels & Resorts comes out on top on a brand-by-brand basis, with three new hotels and 553 rooms in the works.
Noteworthy hotel projects in Turkey
In early 2022, Mandarin Oriental Etiler will open as part of a new luxurious lifestyle development in Istanbul’s fancy Etiler neighbourhood. There will be three towers in total, one of which will house the 409-room hotel, while the other two will be home to Mandarin Oriental-branded residences. The hotel will have three restaurants and bars, and a selection of adaptable meeting spaces with outdoor areas and terraces. There will also be a spa, fitness centre and pool.
Due to open in Q3 2022, the 240-room Radisson Hotel Apartments Delta Istanbul Esenyurt will be in the Esenyurt district, an up-and-coming area currently witnessing a veritable construction boom of new residential and retail complexes. From here, guests will have easy access to Ataturk Airport and the city centre. The hotel will be part of the Delta Holdings-managed Wish Istanbul, a 135,000 sq m mixed-use real-estate development consisting of two imposing towers, and boast an all-day-dining restaurant, a lobby lounge, a pool bar and grill, a conference centre, a spa and an outdoor pool.
Elsewhere, the 183-key Address Residence Istanbul will be part of a mixed-use development near Emaar Square and boast one of the largest shopping malls in Turkey on its doorstep, complete with a family entertainment centre, ice-skating rink and megaplex. The hotel’s crown jewel will no doubt be its spa, offering 1,000 sq m of facilities, Hammam and Rhassoul offerings, a pool with aqua tonic features, a VIP Spa Suite with six private treatment rooms, and thermal suites overlooking the city. The opening date is envisioned for late 2020.
We also ought to draw your attention to Four Points by Sheraton Kağıthane, which is primarily geared towards business guests and will offer a variety of meeting rooms and conference facilities. This 173-key property will launch by mid-2021, providing visitors with convenient access to the local business community.