Turkey-based REIT Akfen GYO is positioned to benefit from sustained tourism recovery, with a portfolio focused on income-generating hotels and mixed-use properties under long-term leases.
The Regional Council of Central Greece approved the environmental study for a 561-acre luxury eco-resort on Megalonisos, part of the Petalioi complex, marking a key step for the Six Senses-branded pro
Turkish businessman Husnu Ozyegin is negotiating to acquire a 50% stake in the Aliee Hotel, part of the Tersane Istanbul mixed-use development, according to industry sources.
US chains Marriott and Hyatt are set to operate hotels in Albania under franchise deals, supported by tax incentives including 6% VAT and 10-year corporate income tax exemption for high-end branded pr
Cairo amended its Central Bank-administered tourism credit initiative to unlock pending loans and raise single-client limits, with banks given until end-June 2026 to complete activation.
Banyan Tree Varko Bay on the Ionian coast of Aitoloakarnania is set to become the brand's European debut, with LEED Gold ambitions and 43 branded residences.
The Rixos Hotels property in Istanbul's historic Tersane district debuted at a ceremony attended by President Erdoğan, with Turkey citing $56 bn in annual tourism revenue.