Posted on 13 May 2011
12 May 2011 – Raffles the luxury hotel group has announced it is to open a new 180 room hotel in Istanbul by the end of 2012. The hotel will be situated in the new Zorlu Centre on the European side of Istanbul.
The Zorlu centre, which is under construction, is a complex retail, residential and offices located in the heart of the leading business district. The hotel will operate under the name “Raffles Istanbul Zorlu Center” and is reported to have cost 175 million USD and will create up to 300 new jobs.
The hotel is another step in turning Istanbul into one of the most sought after tourism capitals of the world.
Source : Invest in Turkey