"Turkey: 7 star under the sea hotel in Istanbul scheduled to open in 2012
Katerina Souza - 12.04.2010
On Saturday, anagreement was signed between Tanriverdi Holdings and Shangri-La hotel forbuilding of a 14 story hotel in which half of the building will be under seal level. The plannedopening is in 2012 with an investment of over 200 million Euros. This was amonumental win for Turkey since it has taken six years to persuade Shangri-La Hotelsand resorts to come. The hotel will be overlooking the Bosphorus at thelocation of an old tobacco warehouse."
More:Balkans.com Business News : Turkey: 7 star under the sea hotel in Istanbul scheduled to open in 2012