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Monday, July 16, 2012

TOURISM - Turkey faces risk of hotel surplus, professional says

Turkey faces risk of hotel surplus, professional says

ISTANBUL- Hürriyet Daily News

Niki Gamm Niki Gamm

In light of planned new hotel projects, Turkey can expect to experience a surplus in the hotel industry for a certain period, according to Ralph Radtke, the general manager of the Çırağan Palace Kempinski in Istanbul and regional vice president of Kempinski.

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