SHANGRI LA to open seven star luxury hotel in Istanbul
The 200 room SHANGRI LA Istanbul will be built in the central district of Besiktas and will aim at being listed among the top ten luxury hotels worldwide. The hotel will be developed as a partnership between Tanriverdi company, owners of the land and the Hong Kong based Shangri La Group. The investment is estimated at EUR 250 million.
Shangri La will open this year two important properties in Vienna and Paris and looks at opening in London next year.