- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- Istanbul Turkey
- IPO Date
- Feb 19, 2026
- Business
- Ata Turizm Isletmecilik Tasimacilik Madencilik Kuyumculuk Sanayi ve Dis Ticaret A.S. is a Turkey-based diversified tourism, hospitality, aviation, retail, and natural resources enterprise operating primarily as a core operational subsidiary of Dorak Holding. Founded in 2002 and headquartered in Sisli, Istanbul, Turkey, the company conducts integrated operations across five principal business segments: hospitality management, food and beverage operations, aviation and hot air ballooning, mining and natural stone extraction, and jewelry and tourist retail merchandising.
The company offers a comprehensive portfolio of products and commercial services, including: luxury, boutique, and business hotel operations and lodging management across prime tourist destinations, managing properties such as Crowne Plaza Istanbul Old City, DoubleTree by Hilton Avanos Cappadocia, Sacred House, Sacred Mansion, and Cihangir Suites; food and beverage services, dining operations, and franchised cafe-bistro concepts under proprietary and partner brands including Sur Balik seafood restaurants in Cihangir and Avanos, Evranos Restaurant, Han Restaurant, Cappa Masa, TakeSushi, Kiyi Cafe, EspressoLab, Mado in Urgup and Avanos, and Midyeci Ahmet; commercial hot air balloon flight operations, aerial sightseeing tours, and aviation logistics across the Cappadocia region via Kayzer Balon, Mesosphere Balon, and Cappadocia Balloons; mining, quarrying, processing, and distribution of natural stone, basalt, and onyx extracted from company-operated quarries located in Sarkisla, Sivas; tourist retail merchandising, showcasing and distributing fine jewelry, precious stones, handcrafted carpets, ceramics, and premium leather apparel through retail boutiques such as Freya Russo Leather; and destination passenger transport, ground travel coordination, and excursion services catering to international and domestic inbound travelers.
In recent major corporate developments, the company completed its initial public offering in February 2026 on Borsa Istanbul under the ticker symbol ATATR on the BIST Stars market, raising approximately 3.1 billion Turkish Liras through the sale of 280 million shares to institutional and individual investors. Following the public listing, the company initiated a substantial capital investment program, allocating between 80 percent and 90 percent of the offering proceeds to acquire previously leased hotel and restaurant real estate assets to strengthen its balance sheet and asset-backed ownership structure. The remainder of the capital is deployed toward comprehensive facility renovations across its hotel and dining portfolios, capacity expansion and modernized processing equipment at its Sarkisla basalt and natural stone quarrying operations, and the expansion of its aviation fleet and working capital reserves to support growing inbound tourism demand across Istanbul and the Central Anatolia region.