Marti Otel Isletmeleri A.S.
BBIST:MARTI1.25
TRY
-0.08
(-6.02%)
ISIN
TRAMMART91K7
Return %
Stock
S&P 500
1Y
-38.77
14.20
3Y
-41.70
81.12
5Y
86.60
68.34
Capital Structure
TRY
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in mil. unless spec.Working Capital
TRY
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in mil. unless spec.Growth Rates
TRY
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in mil. unless spec.Quarterly Revenue
TRY
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in mil. unless spec.Quarterly Earnings Per Share
TRY
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in mil. unless spec.Quarterly Dividends Per Share
TRY
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in mil. unless spec.Company Description
- CEO
- Nurullah Emre Narin
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Istanbul Turkey
- IPO Date
- Feb 9, 1990
- Website
- marti.com.tr
- Similar Companies
- Business
- Marti Otel Isletmeleri A.S. is a Turkey-based hospitality and tourism enterprise engaged in the ownership, operation, leasing, and management of resort hotels, boutique lodging, and maritime tourism facilities. Founded in 1967 and headquartered in Istanbul, Turkey, the company conducts its primary operations across major tourist destinations along the Mediterranean and Aegean coastlines. The company’s core service and product portfolio comprises luxury, all-inclusive, and upper-upscale resort accommodations; beachfront hotel operations, including the five-star Marti Resort and the adults-only Marti La Perla in Marmaris-Icmeler, alongside the Marti Myra resort in Kemer-Antalya; boutique lodging facilities, including Marti Hemithea and Güllü Konak; full-scale maritime infrastructure and yachting services through the Marti Marina and Yacht Club in Orhaniye-Mugla, offering wet berthing, dry-dock storage, boat maintenance and technical services, refueling stations, and sailing club facilities; food and beverage offerings, including a la carte restaurants, international buffet dining, beach bars, and event catering; wellness and recreational amenities, encompassing full-service spas, Turkish baths, fitness centers, private beach clubs, and water sports; and tourism-oriented real estate development through its affiliate, Marti Gayrimenkul Yatirim Ortakligi A.S. (Marti GYO). Marti Otel Isletmeleri caters to international and domestic leisure travelers, maintaining long-standing tour operator relationships across key European and CIS markets, such as Germany, the United Kingdom, the Netherlands, Belgium, and Russia. In recent developments, the company executed a major paid-in capital increase, expanding its capital from 600 million Turkish lira to 1.5 billion Turkish lira via a 150 percent rights issue to strengthen its equity foundation and support corporate operations; reached key milestones under its comprehensive multi-year financial restructuring framework by completing scheduled debt amortization installments; entered into a strategic advisory agreement with ISVAN to optimize corporate sales, marketing architectures, and brand equity development across its hotel and GYO operations; and initiated targeted renovation and facility modernization programs across its coastal properties to enhance guest experience and capture higher-yielding international tourism revenue.