Odeon Tourism Launches IPO

Odeon Tourism Formally Initiates Its Initial Public Offering Process

With over 30 years of experience and strong operational capabilities, Odeon Tourism — one of the leading brands of Turkish tourism — has officially initiated its initial public offering (IPO) process. The company has submitted its application to the Capital Markets Board of Türkiye (CMB) for amendments to its Articles of Association in preparation for the IPO.

Odeon Turizm İşletmeciliği A.Ş., which operates in the field of destination management services in Türkiye as part of Coral Travel Group, has formally launched the public offering process. As part of the planned IPO — subject to CMB review and approval — the company has applied to transition to the registered capital system and to align its Articles of Association with capital market regulations.

Within the structure of Odeon Turizm İşletmeciliği A.Ş., alongside its destination management operations in Türkiye, the group includes several subsidiaries: Odeon Otelcilik Turizm Ticaret A.Ş., owner of the Seven Seas Life and Marvida Family Eco hotels, Coral Seyahat A.Ş., operating in the tour operator segment in Türkiye, Odeon Güvenlik Koruma ve Danışmanlık Hizmetleri A.Ş., providing professional security services.

“A Strategic Growth Initiative Through the IPO”

The IPO process represents a critical milestone not only for Odeon Tourism’s institutional development but also for its national and international growth strategy. The offering is expected to generate significant benefits in areas such as financial transparency, investor confidence, and a sustainable corporate structure — ultimately transforming Odeon Tourism into a stronger, more competitive, and more globally accessible organization.

Ayhan Bektaş, Chairman of the Board of Coral Travel Group, commented on the process:

“The IPO of Odeon Tourism is not merely a financial step; it is also a strong indicator of our commitment to sustainable growth, transparency, and institutionalization. We sincerely believe that this process will add value to both the capital markets and the future of the Turkish tourism sector.”

A Broad Service Network Backed by 30+ Years of Experience

Founded in Antalya in 1992 with a vision to bring a fresh perspective to tourism, Odeon Tourism quickly became one of Türkiye’s leading destination management companies thanks to its customer satisfaction-oriented approach and high service quality.

Strategic investments in technological infrastructure and a culture of continuous development have been central to this success. Today, Odeon Tourism continues to strengthen the sector with its expanding operational network across Türkiye.

The company provides a wide range of services across all major destinations in the country, including accommodation, transfers, guiding, tour operations, and corporate events — offering an end-to-end integrated service structure within the tourism value chain.

Recognized for Quality and Excellence

Odeon Tourism holds the distinction of being the first company in Türkiye to receive the ISO 9001 Quality Management System certificate covering all travel agency services. In addition, the company holds internationally recognized management system certifications including ISO 45001 (Occupational Health and Safety), ISO 14001 (Environmental Management), ISO 10002 (Customer Satisfaction), and ISO 39001 (Road Traffic Safety).

A Proud Contributor to Türkiye’s Service Exports

Odeon Tourism stands out as one of Türkiye’s strongest representatives in service exports. Every year, the company is recognized by the Turkish Service Exporters’ Association (HIB) with awards in the category of “Travel Agency Services.” As one of Türkiye’s leading companies in ground handling and destination services, Odeon Tourism distinguishes itself not only through its operational capabilities but also through the substantial added value it creates for the Turkish economy.