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South Korean firm eyeing Turkish thermal potential
  22.04.2011


Özkan Atik Group based in the Aegean province of Denizli is preparing to give a start to a $100 million thermal hotel investment, together with a South Korean partner Choyang, which produces thermal massage beds.



 


Özkan Atik Group Chairman Özkan Atik told the Anatolia news agency that they entered the thermal massage beds sector seven years ago, starting their business with one store and five employees. “Then we became the Turkey distributor of Choyang Thermal Massage Beds. Today, we have 126 stores and 924 employees in Turkey. Our stores are visited by a total of 30,000 customers every day.”

Atik said they decided to enter the tourism sector when the South Korean Choyang told them about its interest in the Turkish market.

"They told us that they wanted to invest in thermal tourism. We have conducted research on their behalf for a year in provinces with thermal potential like Denizli, Ankara, Konya and Afyon. We will begin the investments in Denizli. We have bought land in Sarayköy and Karahayıt districts where we will build hotels that totally comply with European standards.”

Atik said the preparation process for the thermal facility in Karahayıt reached the final stage and the five-star thermal hotel’s construction would begin in the summer. According to data provided by the chairman, the hotel will have 300 rooms and will be spread over 65,000 square meters. “The investment in Sarayköy will be initiated a year later,” he said

 "Our target is not only to build a hotel and present accommodation services, bat also we are planning to turn it in to a chain and will further boost our investment with other partners. The most suitable regions to be able to do so are Kızılcahamam district of Ankara, Ilgın district of Konya and Afyonkarahisar district of Afyon province and we are planning to make investments in these areas.  “Within five years we will have completed all our investments,” he said

  
  

Source : Anatolia News Agency
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