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    M04   BMG578481068

MANDARIN ORIENTAL INTERNATIONAL LIMITED

(M04)
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Mandarin Oriental International : Opens New Luxury Urban Resort in Istanbul

08/24/2021 | 11:19am EDT

Mandarin Oriental Bosphorus, Istanbul features 100 spacious, luxuriously designed guest rooms and suites with stunning views over the Bosphorus and the city skyline. A wide range of stylish restaurants and bars, significant entertainment spaces for social gatherings, and an all-encompassing Mandarin Oriental Spa provides an ideal backdrop for leisure and business travel.

The limited-time Opening Offer includes the following value-added benefits:

Rates starting from EUR695 per night

One complimentary night with a minimum of two consecutive paid nights

EUR100 credit to be used in the spa or hotel restaurants and bars

Additional benefits available when you log into, or join, the Group's guest recognition program, Fans of M.O.

Valid from 22 August - 22 November 2021

The hotel is well placed to become one of the city's best locations for dining and entertaining, introducing the globally renowned Novikov concepts to Istanbul with the main Novikov restaurant directly on the shorefront, a classic Novikov Lounge Bar, a vibrant Bosphorus Lounge with waterfront terrace and the Novikov Pool Bar in a garden oasis.

The Spa at Mandarin Oriental Bosphorus offers an extensive range of wellness and beauty therapies and includes luxury treatment rooms, hammams, private relaxation areas, exercise and fitness facilities as well as an indoor and outdoor swimming pool.

For corporate and social events, the hotel features three expansive ballrooms, a garden terrace and pool area, and six meeting rooms. There is also a unique open space which can be hired and decorated in a bespoke manner befitting of special occasions and celebrations.

'We are delighted to be opening this stunning urban resort in one of the world's most exciting destinations and look forward to bringing Mandarin Oriental's renowned quality of service to Istanbul. This marks the Group's second entry into Turkey, and promises to be the perfect complement to the award-winning Mandarin Oriental, Bodrum which opened in 2014,' said Christoph Mares, Chief Operating Officer for Mandarin Oriental Hotel Group.

Mandarin Oriental Bosphorus, Istanbul is ideally located 15 minutes from the central business district and the city's central Taksim Square. Istanbul's major attractions, historical sitesand museumsare a short drive away, and the hotel is a short walk to the nightlife in Kurucesme. The hotel is adjacent to Kurucesme and Bebek parks, which have extensive pathways,ideal for walking or jogging. The Istanbul and Sabiha Gokcen international airports are less than an hour away.

For more information and reservations, please visit www.mandarinoriental.com/istanbul. Rooms are subject to availability, and terms and conditions apply.

Director of Marketing & Communications

Yeliz Sari Calik

YCALIK@MOHG.COM

+90 (212) 349 88 88

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
JARDINE MATHESON HOLDINGS LIMITED 1.44% 57.1 End-of-day quote.1.96%
MANDARIN ORIENTAL INTERNATIONAL LIMITED 1.77% 2.3 End-of-day quote.35.29%
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Financials (USD)
Sales 2020 184 M - -
Net income 2020 -680 M - -
Net Debt 2020 694 M - -
P/E ratio 2020 -3,16x
Yield 2020 -
Capitalization 2 906 M 2 906 M -
EV / Sales 2019 4,90x
EV / Sales 2020 15,5x
Nbr of Employees -
Free-Float 20,1%
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Managers and Directors
James Riley Group Chief Executive Officer & Director
Hamish Andrew Ross Director-Finance
Matthew Bishop Chief Financial Officer & Director
Benjamin William Keswick Chairman
Monika Nerger Chief Information Officer