Zirve Eki - ISTANBUL REstate

16-17 Haziran 2010
Uluslararas› Standartlar ile
Türk Beklentilerinin
Karfl›laflt›r›lmas›
Otel Ekipmanlar› ve
Gelifltirilmesinde Ortak ve
Farkl› Yönler Neler?
Andreas Martin: I think we shouldn't complain about the
traffic because having dinner in the evening at the Bosphorus
is worth being in a traffic jam. Well, thank you very much
gentlemen. We will both see you Georg Wailland later and
Michael Widmann will just stay here. Thank you very much.
And I would like to ask Haluk Kaya to join us in order to start
the first program. I may just quickly introduce you and I assume
that most of the attendants here know Haluk Kaya. He is the
chairman of Üçgen Group of companies involved in hotel
construction not only in Turkey but in Russia and in other
countries. You may know the Radisson in St. Petersburg or the
Radisson Bosphorus here in Istanbul. Both were constructed
and even co-owned at a certain point of time by Haluk Kaya
and his company. And Michael Widmann and Haluk Kaya will
try to have a controversial discussion about several topics. I
don't know whether we can fulfill this. Maybe they even have
Haluk Kaya
Üçgen ‹nflaat, Baflkan
We have to separate leisure, I mean, business hotels, city hotels and
hotels in Antalya and around. For the summer and golf tourism
Antalya is a good investment opportunity and Turks are taking care
of this, mostly even without credits. And this is not an area also for
the foreigner to invest because they don't like the fluctuation of the
occupancy and resort hotel and so on. Whereas in the cities, we
aren't perhaps now in the stage that 20 years ago Germany was in
every city industry and trade is starting. And there is a lack of hotels
for traveling businessmen whereas the travel is not like in the stays
made by car but made by plane. So it is also the big difference to
Germany which means that the hotels which are going to be built
should be more in the city center. Because people coming there,
they don't come by car. But this brings another problem because
in every city in Turkey not only in Istanbul the locations near to the
city center are very expensive. And if you want to develop a chain,
either Turkish or Accor or whatever the name is' you have a calculation
and you say my room rate will be, let's say, 50 euro. If you put down
the construction price and the land price and the Turkish expectation
Gayrimenkul Zirvesi 10
the same opinion in some points but Michael Widdman prepared
a few questions and I will leave it up to him now to have a
controversial debate with Haluk Kaya.
Michael Widmann: to saying goes "controversy is a space of
political life and maybe even outside of political life" and I always
like a good debate with pros and cons, and we learned a lesson
from last year's conference where the sharpest questions and
comments came from a member of the audience, he was Haluk
Kaya and I thought it is a good thing to bring him on stage so
he cannot make the speakers suffer.
Haluk Kaya: Thank you.
Michael Widmann: All is well in Turkey or is it? And if we look
at the investment scene in the hotel field in Turkey, what is your
general feeling now? Is it in a stage where all the traffic signs
are green as the preconditions here in Turkey for investments?
Or what is lacking?
of revenue, it doesn't fit together. The Turkish expectation of revenue
from hotel, it is never real, it is a dream but the people like to dream
when they invest in a hotel. Otherwise you would never invest in a
hotel. So the expectation is 14-15%. Your foreign partners, Radisson,
Park Inn or Holiday Inn Express says no, you cannot reach it. You
cannot reach it because if you pay for this so much, this so much
GYODER 161