"Istanbul posts strong ADR growth
Innovative business development firm joins select few to make Inc. Magazine’s Fast 500 list multiple times
Istanbul’s designation as one of Europe’s Capitals of Culture during 2010 has given an additional promotional boost to the city’s remarkably strong hotel market where several new properties are opening soon. Data from STR Global, the leading provider of market information to the world’s hotel industry, shows growth in average daily rate (ADR) during the past five years has trended upwards and maintained resilience even during the recent economic crisis."
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