Wanda Vista Istanbul hotel announced for 2018
Strategic business partnership agreement has been signed between Mar Yapı and Wanda Group, one of China’s largest commercial enterprises which also owns a chain of luxury hotels. The agreement regarding Wanda Vista Istanbul, Wanda Group’s first offshore hotel to be built in Istanbul, will be opened in the city as part of strategic collaborations with Mar Yapı under the scope of its investments in Turkey, ranging from a variety of fields including technology, tourism, finance and real estate. Prior to the signing ceremony for the Wanda Vista Istanbul project in Shanghai, Mar Yapı Chairman Münir Özkök came together with Wanda Group Chairman Wang Jianlin, China’s richest man, at Wanda Group headquarters in Beijing.
During the meeting, Wanda and Mar Yapı agreed to collaborate in different areas apart from the tourism sector, also making decisions to take steps in e-commerce and other brands the group owns.
Wanda Vista Istanbul, the first step in the business alliance between the two groups, will be operational in 2018 and will serve as a hotel with 150 rooms, as well as undertaking the operation of 300 residences in the hotel building.