The Peninsula Hotels opens its first hotel in Turkey in Galataport, Istanbul on February 14. The hotel, which has 177 rooms, consists of a total of 4 buildings.
The construction of 3 buildings under protection dates back to the early 1900s. The Peninsula Hotels is operated by The Hongkong and Shanghai Hotels (HSH), Limited, founded in 1866. Other locations where the company has hotels are listed as follows: Shanghai, Beijing, Tokyo, New York, Chicago, Beverly Hills, Paris, Bangkok and Manila.
In a statement made by the company yesterday, Clement Kwok, Chairman and General Manager of The Hongkong and Shanghai Hotels, Limited, which is the owner and operator of The Peninsula Hotels, said, "Together with our partners Doğuş Group and Bilgili Holding, with the opening of The Peninsula Istanbul, We are excited to expand our global presence. Istanbul is a multicultural city with a young and impressive energy, thousands of years of history. As an investor who has been in this business for many years, we spend years choosing the best location when opening a Peninsula hotel. This beautiful property on the Bosphorus "We have spent a lot of time and effort meticulously restoring it," he said.
KWOK, in a statement to CNBC last August, said that they will continue to be cautious despite the increase in revenge spending; on recession, inflation and wage increases: "It is not easy to overcome these problems in our sector. Because our business is directly related to tourism and travel demand," he said.
The Hongkong and Shanghai Hotels, Ltd. President of Operations Peter Borer said, "The opening of The Peninsula Istanbul represents a magnificent new era for our brand and luxury travel enthusiasts. With our new project, we are delighted to present a magnificent location that fulfills the most discerning travel dreams."
The most expensive Peninsula accommodation in the world is in Istanbul
The cost of staying at Peninsula will be 1,050 Euros per night including breakfast, that is approximately 21 thousand TL, according to the prices offered for the opening. According to the company's information, guests will also be able to enjoy a 100 Euro gift voucher for dining, SPA and wellness experience and free airport pick-up for all suite reservations. The highest accommodation price in the hotel is 7 thousand 600 Euros in a suite room; a Peninsula room of the same standards (superior room) as a hotel in Istanbul costs $633 (596.2 Euros) in New York, $450 (424 Euros) in Chicago, and $945 (890 Euros) in Beverly Hills.