UAE Business: Stella Stays launches two towers in Istanbul – Gulf Digital News

UAE Business: Stella Stays launches two towers in Istanbul – Gulf Digital News

Stella Stays, a UAE proptech start-up with a vision to create the future of living and hospitality, has announced expansion into Europe, launching two towers in prime locations in Istanbul, Turkiye.

Stella Stays Istanbul Etiler Tower and Stella Stays Istanbul Galata Tower will welcome guests from June and July 2022 respectively, offering tech-enabled, designer apartments with spacious living space, full kitchens and dedicated workspaces to both travellers and long-term residents.

The launches in Istanbul mark the company’s first move into European markets, as part of an aggressive global expansion plan, after launching in Saudi Arabia in early June 2022. Stella Stays is actively exploring further opportunities in Turkey, as well as top destinations in Europe and globally.

Mohannad Zikra, Co-founder and CEO of Stella Stays, said: “We are very excited about our expansion into Istanbul as it is one of the most visited cities in the world with north of 13 million annual visitors. The Ministry of Culture and Tourism of Turkiye projected about 45 million tourists and $35 billion in revenue for 2022 - a sharp recovery from the pandemic impact, with the majority of visitors coming from Europe.

“Istanbul is renowned for its rich culture, history, impressive architecture, a modern skyline and