This seven floor underwater hotel will give its guests a new view of the famous city of Istanbul. It is due to open in 2010, and will coincide with its Culture Capital of Europe nomination and lay down a gauntlet as a world capital of tourism. The hotel is the work of Tanriverdi Holding and have set aside a multi-million dollar budget to ensure the project is finished to 7 star standards.

The underwater hotel trend was reported on a year ago and this new project shows two unique characteristics - it will be based in the city center and will go one floor further underwater. The underwater hotel is being built on the ruins of a historical 1930s tobacco factory and will have restaurants, exhibition halls, and rooms all with sea view rooms.