The Peninsula Istanbul is one of the newest hotels to open in the city, and this luxury property has both a historic and commercial importance to its location at Galataport, the new cruise port for the city. This is not just a cruise port, but also a dining, shopping and cultural hub for locals that has drawn buzz from around the world.Located in four buildings along the Bosphorus, the hotel is very special since it took a derelict cruise port area and gave it new life as a destination for locals and travelers. The main lobby and restaurant of the hotel are within the former customs hall of the cruise terminal, and all of the historic elements of the buildings were maintained. General manager Jonathan Crook explains why this is one of the best new hotel openings for Istanbul in years.
Bustling Istanbul is booming this year with new luxury hotels and large developments such as the Galataport, home of the soft-opened Peninsula Istanbul.
This top real estate private equity firm is known for hospitality investments in the U.S. and Europe. Chairman Serdar Bilgili shares his outlook on travel investment.
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