Hongkong and Shanghai Hotels, the current owner of the Peninsula hotels are planning a new Peninsula Hotel, this time in Istanbul. I have already covered a number of hotel options in Istanbul but this high-end luxury hotel will be a lovely addition to this romantic city.
€300 million EUR ($330 million USD) project will be built in the Salipazari Port located in the historic Karaköy area overlooking the Bosphorus strait between Europe and Asia. This deal marks Hongkong and Shanghai Hotels’ 13th hotel, with projects ongoing in London and Yangon, Myanmar.
Other luxury hotels we have covered in Istanbul include The Georges Hotel Galata luxury boutique hotel.
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