Holiday Inn lands at Istanbul

A brand new Holiday Inn is set to open in Istanbul in Summer 2007 after an
agreement was signed between InterContinental
Hotels Group and the DENK Turizm Insaat Yatirim Isletmecilik ve
Ticaret A.S.When it opens, it will be the largest mid scale branded hotel
in Istanbul, offering 327 guest rooms.

Holiday Inn Istanbul Airport North will be in a prime position, just 8km
north of the city, close to key transport hubs of Ataturk Airport, the Trans
European Motorway and the national bus terminal. It will also be located in
the heart of a developing business district and conveniently close to the
CNR and TUYAP Exhibition Centres, the largest in Turkey.

As a result the new hotel will predominately cater for business travellers
as well as stop over passengers, airline crews and visitors to the
exhibition centres. The hotel will offer excellent meeting and accommodation
facilities tailored for the needs of international business travellers.

The hotel will also feature two restaurants, two bars and a coffee shop, as
well as a fitness centre complete with indoor swimming pool, Turkish bath,
sauna, steam room, beauty centre and massage treatment rooms. Underground
car parking will also be available for guests.

Robin Wicks, Chief Operating Officer, Holiday Inn Brands Europe, commented:
“This new hotel supports our strategy of focusing Holiday Inn growth on key
cities at the crossing points of major European business and leisure traffic
flows, and will be the largest midscale branded hotel in Istanbul, bringing
our room count there to 1332.”

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Dr Ali N Bozatli, Chairman of the Board, DENK A.S., added:” Holiday Inn
Istanbul Airport North is a key development in strengthening our portfolio
and is the fourth hotel that we are very proud to introduce to Turkish
Tourism. We hope to bring a fresh new offering to business travellers,
visiting and travelling through Istanbul and a social gathering place for
the people and businesses around our hotel. We are proud to work alongside
IHG and value its hands-on approach, global reach, customer focus and robust
reservation system.”

IHG is already established in Istanbul with two Holiday Inn hotels, one
Crowne Plaza and one InterContinental hotel.
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