Originally Posted by ISTFlyer

Indeed, since it was reported that TK was paying USD 35-40 per night for the Renaissance Polat, and presumably less for 3* and 4* properties, I doubt the Hilton would negotiate with TK for a such low rate.
I am predicting that the main base of that hotel would be those people ( especially from the USA ) worried about morning flights, as well as those people who could get reimbursed by their company for an overnight layover, etc...

Since there would be 3 hotels in that area and we only know the brand and the concept of only one, I am also wondering how the other hotels over there would be branded.

Originally Posted by hfly

IST, you would be surprised at what airport hotels will do to guarantee locked in nights, If TK guarantees let's say 20,000+ nights per year, I can see them easily agreeing to $50 a night or whatever. That is a million dollars in revenue without having to do anything, as a matter of fact considering the size of the hotel and the way that hotel financing has been done in Turkey for years, I would not be surprised if they did not already have a contract for 100,000 nights at $50 a night for 5 years, and that they used that already to get construction or other financing on the hotel already (Turkish banks have been known to lend 2-5x the amount of such contracts to the right builders) such a deal could have already financed the hotel ($10-$25 mil loan backed by the contract), Similarly I am sure that they have already secured crew deals, which are the gold standard for such hotels, as generally it means you have a certain amount of rooms rented out essentially forever, and often paid monthly.