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Spanish hotel giant eyes 100M euro investment in Turkey in 5 years One of the largest hotel groups in the world, the Spanish Barcelo Hotel Group, announced that it plans to have 20 hotels in Turkey and invest around 100 million euros ($112 million) in the country's tourism sector within the next five years. The Spanish hotel group, which operates in 25 countries with 251 hotels, inaugurated its five-star accommodation facility Barcelo Istanbul Hotel located in Istanbul's BeyoÄ&#x;lu district. Barcelo Hotel Group Turkey General Manager 88
Hasan Ekmen said in his speech at the opening ceremony that the group aims to make its latest hotel in Istanbul the most popular and preferred accommodation facility in the entire city. "We have been operating in Turkey for 20 years and have developed a familiarity with the Turkish market over this time span. We have earned the operating rights of Barcelo Istanbul for 25 years and opened our gates for visitors in December 2018," Ekmen said. August/2019