Report: Saudi king books entire luxury hotel for 18-day stay in Turkey

Saudi King Salman bin Abdulaziz, who is due to arrive in Turkey soon for the upcoming G-20 summit, has reportedly rented the entire Mardan Palace Hotel in Antalya for his 18-day stay in the popular tourist destination.
The king, who is accompanied by a 1,000-member delegation, will pay $18 million for his stay at the luxury hotel, the Handurriyet daily reported on Saturday.
The 560-room hotel and villa complex, branded as one of the most luxurious hotels in the world, will be closed to other guests for 18 days.
Red carpets will be laid down in hallways in the hotel and even in the helipad so that the Saudi monarch will not have to touch asphalt when arriving at or departing from the hotel.
Handurriyet said the hotel personnel are being given special training and the rooms are being redecorated to accommodate the kingand’s taste.
Mardan Palace was acquired this week by Turkeyand’s Halkbank. Built by Russian Azerbaijani businessman Telman Ismailov at a cost of $1.4 billion in 2009, the flashy complex has been put up for sale by an Antalya bankruptcy court for TL 207 million worth of debt that Ismailov owed to another lender, Garanti Bankasi.
In a one-bidder tender on Monday, Halkbank purchased the complex for TL 360 million. However, the bank will reportedly only pay TL 207 million to cover the hoteland’s old debts to Garanti, while it will write off its own receivables stemming from Ismailovand’s separate debts to Halkbank.
King Salman, head of one of the worldand’s richest royal families, rented every room in the Four Seasons Hotel in Georgetown for himself and his entourage during a visit to Washington in September.
The kingand’s luxurious taste stirred protests in France this summer, when more than 100,000 people signed a petition against the closure of a beach on the French Riviera to allow the monarch to holiday in private.

SOURCE: TODAY’S ZAMAN

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