Marti

What Marti does

Martı Gayrimenkul Yatırım Ortaklığı A.Ş. (Martı GYO) is a publicly listed Turkish real estate investment trust (GYO) operating under SPK oversight on Borsa İstanbul under the ticker MARTI. It was established in 2006 through the conversion of subsidiary Akdeniz Martı (94% owned by parent Martı Otel İşletmeleri A.Ş., founded 1967) and IPO'd in September 2010 at 1.42 TL per share. Parent Martı Otel İşletmeleri A.Ş. holds a 48% stake, with the registered capital ceiling authorized at 5,000,000,000 TL following a 2024 bonus capital increase.

The company's revenue-generating assets are concentrated in Turkish coastal tourism: the Martı Myra holiday resort in Kemer (Antalya), the Martı Marina in Marmaris/Hisarönü (opened 1996 as Turkey's first swimmable, blue-flag marina), and the Martı Hemithea Hotel in Marmaris. In 2024 the company extended into cultural tourism through a partnership with Turkey's Ministry of Culture and Tourism on the Kastabos Ancient City excavations. Core technology is not publicly disclosed and there is no evidence of AI/ML capability. Headquarters are in Istanbul (Beyoğlu) and operations are exclusively domestic.

Martı GYO makes money primarily through hospitality operations — resort room revenue, F&B, and ancillary services at Martı Myra, berth and marina-service fees at Martı Marina, and room revenue at Martı Hemithea — supplemented by potential capital appreciation of its real-estate portfolio. Customer segments are leisure tourists (domestic and inbound), yacht owners and marina users, and capital-markets investors via its Borsa İstanbul listing. The capital structure was expanded via a 2021 paid-in capital increase of 330,000,000 TL and a 2024 14% bonus capital increase, signaling intent to deploy further capital into the existing portfolio or adjacent hospitality/heritage assets.

Name

Marti

Legal name

Martı Gayrimenkul Yatırım Ortaklığı Anonim Şirketi

Website

https://martigyo.com.tr

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Martı GYO is a Turkish Borsa İstanbul–listed hospitality REIT (ticker MARTI) that owns and operates the Martı Myra resort in Kemer, Martı Marina in Marmaris, and Martı Hemithea Hotel, serving domestic and inbound tourists with coastal lodging and berthing services.

Ownership category

akta.pro rank

Headquarters

HQ city

Beyoglu

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Distribution channels1 record

Marketing channels3 records

Core offering

Martı Gayrimenkul Yatırım Ortaklığı A.Ş. (Martı GYO) is a Turkish real estate investment trust that owns and operates tourism-oriented hospitality properties, including the Martı Myra holiday resort in Kemer/Antalya, Martı Marina in Marmaris/Hisarönü (Turkey's first swimmable blue-flag marina, opened in 1996), and Martı Hemithea Hotel in Marmaris. The company is also a publicly traded investment vehicle, listed on Borsa İstanbul under the MARTI ticker since its September 2010 IPO at 1.42 TL per share.

Product overview

Martı GYO operates as a real estate investment trust (GYO) focused on tourism properties in Turkey. The company manages a portfolio of two distinct hospitality assets: Martı Myra, a holiday resort complex in Kemer/Antalya, and Martı Marina, Turkey's first swimmable blue-flag marina in Marmaris/Hisarönü. The company was established through the transformation of its 94% subsidiary Akdeniz Martı into Martı GYO, led by parent company Martı Otel İşletmeleri A.Ş., which has over 50 years of experience in tourism.

Differentiator

Problem solved

Functional benefit

Brands

• Martı Myra: A holiday resort in Kemer, Antalya — one of the most valuable holiday villages in the Kemer region, developed under the 50-year-old Martı brand.
• Martı Marina
• Martı Hemithea Hotel

Products and services

• Martı Myra
• Martı Marina
• Martı Hemithea Hotel

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Emlak Konut GYO: Turkey's largest publicly listed real estate investment trust (GYO) with a broad residential and commercial portfolio. Comparable to Martı GYO as a publicly traded Turkish GYO structure, but far larger and not focused on tourism assets.

Direct peers

• Özak Gayrimenkul Yatırım Ortaklığı (OZKGY): Listed Turkish GYO with diversified real estate holdings including hospitality components. Comparable to Martı GYO as a publicly traded Turkish real estate investment vehicle.
• Halk Gayrimenkul Yatırım Ortaklığı: Publicly traded Turkish GYO affiliated with Halkbank. Comparable to Martı GYO as a listed Turkish real estate investment trust under the same CMB regulatory framework.
• Torunlar Gayrimenkul Yatırım Ortaklığı (TRGYO): Turkish real estate investment trust (GYO) listed on Borsa İstanbul with a mixed-use and commercial portfolio. Directly comparable as a listed Turkish GYO peer sharing the same regulatory and capital-markets framework as Martı GYO.
• Yeşil Gayrimenkul Yatırım Ortaklığı (YESGY): Listed Turkish GYO focused on real estate development and investment. Comparable to Martı GYO as a fellow publicly traded Turkish REIT operating under the same CMB framework.
• Körfez Gayrimenkul Yatırım Ortaklığı (KRGYO): Smaller-cap Turkish GYO listed on Borsa İstanbul with real estate holdings. Comparable to Martı GYO in structure, regulatory regime, and listed capital-markets exposure.
• Akfen Gayrimenkul Yatırım Ortaklığı (AKFGY): Turkish GYO historically focused on hospitality and tourism-adjacent real estate (e.g., hotel investments). Closely comparable to Martı GYO given its tourism/hospitality real estate mandate and listed GYO status.
• Doğuş Gayrimenkul Yatırım Ortaklığı: Turkish GYO within the Doğuş Group with diversified real estate assets. Comparable to Martı GYO as a listed Turkish REIT with a strategic controlling shareholder.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/marti-gayrimenkul-yatirim-ortakligi-as-mrgyo-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marti