The Turkish tourism giant was sold with its chain of hotels

A significant change occurred in the Turkish tourism sector: The hotels of Palmiye Group were acquired by Ertok Yağı Chairman of the Board and a Belgian investor. The new owners aim to increase customer satisfaction by implementing innovations in the hotels

Haber Giriş Tarihi: 14.02.2024 12:19
Haber Güncellenme Tarihi: 14.02.2024 12:19

In recent times, the buying and selling moves in Turkey's tourism sector continue to attract the interest of international investors. In this context, the hotels of Palmiye Group, one of the leading names in the sector, have been transferred to new owners.

PALMİYE GROUP'S HOTELS IN ANKARA AND ANTALYA FIND NEW OWNERS

Famous hotels located in Turkey's tourism capital Antalya and the capital city Ankara, owned by Palmiye Group, were acquired by Erdal Tokmakçı, Chairman of the Board of Ertok Yağı, and Belgian investor Kadir Şen. This significant acquisition was realized through the company's own equity and partial credit financing.

THE NEW OWNERS' GOAL: INCREASING CUSTOMER SATISFACTION

The Venezia Palace and Meyra Palace hotels, which will be managed through the partnership of Erdal Tokmakçı and Kadir Şen, are gearing up for the new season with innovations. The new owners, aiming to enhance guest satisfaction and elevate the hotel's prestige, are planning comprehensive improvements and innovations in the hotels for the summer season of 2024.

THE ACQUISITION BY INVESTORS BASED IN ISTANBUL AND BELGIUM IS CONSIDERED A SIGNIFICANT DEVELOPMENT IN THE INDUSTRY

The acquisition of hotels owned by Palmiye Tourism Group by investors based in Istanbul and Belgium is considered a significant development for Antalya and Ankara tourism. This move is interpreted as a sign of a new wave of change beginning to emerge in the Turkish tourism sector.