Asri Ala Hotel in Bodrum has declared concordat

Asrı Ala Hotel, which started operating in Bodrum three years ago, has declared concordat for a period of three months. The hotel was operating with a sports-free "all-inclusive" concept.

Concordat is a procedure that allows a debtor to reach a payment agreement with creditors under court supervision; during this period, the hotel does not cease operations, but enforcement measures regarding financial obligations are suspended.