Radisson Hotels and Resorts has unveiled an ambitious expansion plan for the Turkish hospitality market, with the announcement of three new hotels by the end of 2005.
The hotel group already manages the Radisson SAS Conference and Airport Hotel in Istanbul, and recently announced the award of a management contract for the former Stad Hotel in the capital city, Ankara.
A subsidiary of the Turkish Pension Fund Emek Proje, which awarded Radisson the Ankara hotel contract, has also given the chain a management contract for another property, the Macka Hotel, Istanbul. The Macka property is to be demolished and re-built.
The 202-room Ankara property is set to open in January 2004, while Macka will come on line in 2005. Another property, in Ortakoy on the Bosphorus sea, is under development, with around 150 rooms, will come under Radisson management. The company also plans to target Turkish coastal resorts as part of its expansion program.
Radisson Hotels & Resorts, part of Rezidor Hospitality, currently operates 127 hotels in 37 countries in Europe, the Middle East and Africa, with another 30 projects under development. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
