Turkish construction company; BOZGROUP announced the biggest tourism investment of both Turkish Republic of North Cyprus and Republic of Cyprus.

Using only its own equity capital, BOZGROUP invested US$220 million for a hotel project – Cratos Premium Hotel – Casino – Port – Spa located in Kyrenia (Girne), Turkish Republic of North Cyprus (TRNC). The hotel is expected to open officially beginning of June 2010 and make a soft opening mid of May.

BOZGROUP organized a press conference at Four Seasons Bosphorus in Istanbul on Wednesday, March 31, 2010. Boz Group’s vice chairman, Murat Bozoglu said, “They used to say that investing in Cyprus is just like writing on ice. We are going to change that belief with Cratos Premium”.

Ozer Diler, General Manager of the hotel said that Cratos Premium is the first Premium Hotel of the island [Cyprus]. “We have used best of the best equipment, design elements and you will find world’s most famous brands at every corner of the hotel” said Mr. Diler. Mr. Diler also stated that the casino has the latest machines such that guests may not see many of them in Las Vegas or Monaco casinos.

The hotel has 10 King suites, 410 premium rooms that half of them are suites. The guest rooms are decorated in 35 different designs.

The hotel has 14 meeting rooms and a big ballroom. Beside the hotel’s main restaurant, guests can also dine at 14 fine dining and gourmet restaurants within the Cratos Premium. Guests can enjoy their stay at 24 hours open beach club and at 1 km long private beach. The hotel has also an island named ‘Nu Island’ where VIP guests can have a relaxing spa and wellness retreat.

Guests that enjoy gambling must see Cratos Casino where will serve its guests with over 250 slot machines, 35 live table games, and a big Jackpot where all tables are linked.

Guests can be picked up from airport with luxurious vehicles including Rolls Royce, 2 different types of Hummer and Chrysler limousines, Bentley, Mercedes and Jaguar.

The promotional fares will continue till next year and rooms can be booked from 100 euro to 5,000 euro.

Travelers can fly to Ercan Airport in TRNC from several airports in Turkey or use ferry from Alanya.