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[In Images] Dogus Holding AS is putting its luxury hotels up for sale

The Turkish investment and debt restructuring group is looking for buyers for its upscale properties.

According to Bloomberg, billionaire Ferit Sahenk, head of the investment group Dogus Holding AS, has announced plans to sell several luxury hotels. The group is currently in the process of restructuring its debt and the potential properties for sale are likely to be:

  •     Villa Dubrovnik in Croatia (56 rooms)
  •     Capri Palace in Italy (68 rooms)
  •     Aldrovandi Villa Borghese in Rome (103 rooms)
  •     Hotel Villa Magna in Madrid (150 rooms)
  •     Grand Hyatt in Istanbul (360 rooms)

It should also be noted that the group owns the restaurant chain Zuma and Nusr-Et. The latter has greatly increased its popularity in recent years thanks to the videos of its chef, nicknamed "Salt Bae".

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