Antalya’s Divan Talya Hotel Renovation Sees Costs Soar to 2.7…
The investment cost for the Divan Talya Hotel in Antalya, which is currently undergoing demolition and reconstruction, has been significantly revised upwards. The initially budgeted sum of 396 million Turkish Lira (TL) has now been set at 2.7 billion TL, an increase primarily attributed to rising construction costs.
Divan Talya Hotel is a prominent project in Antalya, one of Turkey’s leading tourist destinations, particularly popular with international visitors. This major renovation and rebuilding project will impact the local tourism infrastructure and the offerings for future guests.
The nearly seven-fold increase reflects the dynamic and challenging conditions within the construction industry, including higher prices for materials and labour. This significant investment indicates that the new Divan Talya Hotel will feature very high standards, modern facilities, and a luxurious ambiance, enhancing Antalya’s position as a destination offering a wide range of accommodation options.
Source: Turizmguncel
