The largest luxury hotel company in the Middle East, the UAE’s Jumeirah Group has signed a deal that will see the group run the historic Pera Palas hotel in the Beyogludistrict of Istanbul.
The hotel,the oldest luxury hotel in Istanbul, more than 100 years old, will be managed by the Jumeirah starting from 2012. The Jumeirah are famously known around the world for their 7-star Buri Al Arab hotel in Dubai – it’s safe to say that the Pela Palas is in good hands.
Pela Palas had recently been renovated by its owner, Demsa under the Sabanci Group. The deal will see the Jumeirah increase their portfolio of hotels managed worldwide with the acquisition of the Pera Palas.
Hotels inIstanbul are known for their luxury and high standards. Tourism in Turkey is continuing to rise are more foreign tourists look to Turkey over traditionally favoured hotspots. Hotels in Istanbul are in demand and the Pera Palas will surely maximise its potential under the Jumeirah in 2012.