Monday, Mar 19, 2012
Dubai Luxury hotel management company Jumeirah has signed a management agreement with Turkey-based Demsa Group to manage Istanbul’s historic Pera Palace Hotel.
Dubai Holding unit Jum-eirah Group will assume management of the luxury museum hotel from May 1, 2012 and the property will be known as Pera Palace Hotel, Jumeirah, the group said in a statement yesterday.
In efforts to expand its reach in Turkey, Jumeirah is in talks to operate another Demsa Group-owned property — the Macka Hotel, located in Istanbul’s upscale Nisantasi district, according to a Bloomberg report, quoting Demsa chairman Cengiz Cetindogan, who said that Jumeirah is currently in negotiations with the Turkish company.
Usage rights
Located in the Beyolu district of Istanbul, the Pera Palace Hotel has 115 rooms, including 16 suites. The hotel’s usage rights were transferred to Demsa Group in late 2011.
The hotel was built in 1892 to accommodate passengers on the legendary Orient Express train from Europe, according to its website.
Pera Palace Hotel Jumeirah is the second management agreement announced by the hotel group this year after Jumeirah Bali, and takes the total number of luxury hotels, resorts and residences operated by Jumeirah globally to 19.
Imminent openings
By Shweta Jain?Senior Reporter
Gulf News 2012. All rights reserved.
