Japanese Hospitality Company; Hotel Okura Co., Ltd. will open Okura Spa & Resort Cappadocia in 2017, its first property in the Republic of Turkey, and also the first hotel in Turkey operated by a Japanese hospitality company.
In February this year, Hotel Okura established a joint venture company with two Turkey-based companies: Sarayli Turizm A.Ş. and MSIC Gayrimenkul Yatirim Ve Danişmanlik Ticaret Ltd. Şti. The joint venture, Okura Sarayli Otel Yönetim A.Ş., headquartered in Turkey’s capital, Ankara, aims to accelerate Okura’s expansion in Turkey.
“Establishing this joint venture in Turkey is a strategic move to expedite our global growth,” said Toshihiro Ogita, Hotel Okura’s President and Representative Director. “Turkey’s economic growth is outstanding. It’s one of the most popular destinations for international travelers.
Hotel Okura plans to open multiple properties in Turkey, including in Ankara and Istanbul, which ranked first on the list of TripAdvisor’s 2014 Travelers’ Choice awards for Destinations.
The 130-room resort will feature upscale accommodations, including suites with Jacuzzis, a spa, indoor/outdoor pools, and dining and meeting facilities. It will be built as a luxury oasis and base for sightseeing in Cappadocia.
Okura’s subsidiary, JAL Hotels Co., Ltd., will open Hotel Nikko Suzhou and Hotel Nikko Taizhou this year in China, and Hotel Nikko Bangkok in 2018. Okura will add a Manila property in 2018 and The Okura Prestige Phnom Penh in 2019. The company intends to increase the number of international properties in its portfolio to be 50 percent of the total in the next several years.
