Founders' Messages
1991 yılında Özgür Yapı ile başlayan yolculuğumuzu köklü miras, dürüstlük ve gelecek vizyonuyla yarınlara taşıyan öncülerimiz.
Chairman's Message
Ahmet ALBAY
Chairman of the Board of Directors
I was born on February 1, 1956 in Afyonkarahisar as the second child of the Albay family. Starting my business career at a young age, the diverse experiences I gained across different sectors have become one of my most important guiding lights today.
Upon returning from military service, I took small steps into commercial life and gradually took on managerial responsibilities. In 1991, together with my brothers Yücel and Mehmet Albay, evaluating our opportunities, we laid the foundation of Özgür Yapı. Since that day, we have built a group operating across a wide range of activities from manufacturing to construction, marble mining to tourism.
With every step we took over the years, we evaluated growth not merely through numerical figures, but through accumulated experience, mutual trust, and corporate reputation. 2025 has been a year where challenges came to the forefront for our group as well as across industries. Increasing operational costs, financial access conditions, and volatile market environments required us to make decisions with greater prudence. Throughout this period, our greatest strength remained our capability to act in unison and our decades-long commercial experience.
At the point we have reached today, while preserving the foundational values of being a family-owned enterprise, transitioning to a more structured corporate governance architecture is among our highest strategic priorities. For a sustainable future, we act with the awareness that progress must be anchored not solely on expansion, but on solid and sound foundations.
One of the most valuable aspects for me is the robust generational handover of this legacy to future leaders. Seeing our enterprise gain a more dynamic and visionary identity with the active involvement of the second generation brings us immense pride.
On this occasion, I extend my heartfelt gratitude to all our second-generation representatives who contributed to this annual report, managed this process with meticulous care, and added enduring value to the future of our enterprise.
"I hope that we will advance together on the path of becoming an organization that takes stronger steps, creates lasting value, and strengthens its permanence in the years ahead."
Sectoral Perspective
Yücel ALBAY
Board Member
Thermal tourism today is no longer just an accommodation alternative; it has evolved into a strategic sphere at the heart of the search for wellness and holistic rejuvenation. With evolving travel patterns, guests seek not only comfortable rooms, but enriching, restorative experiences focused on physical and mental well-being. At this point, thermal hospitality stands out as one of the most powerful pillars of the sector with its enduring therapeutic benefits.
With this understanding, we place Afyonkarahisar’s historic geothermal heritage at the core of our operations; blending the region's unique natural thermal springs with contemporary luxury hospitality to offer guests authentic revitalization. With our high-end Wellness & SPA concept, we integrate pure thermal waters with advanced spa therapies, tailored rituals, and comprehensive well-being programs to curate an unmatched guest journey.
Furthermore, operating within this geography steeped in ancient civilizations like the Phrygian Valley and Ayazini adds not merely comfort, but profound cultural depth to our service. Afyonkarahisar's distinction as a UNESCO Creative Cities Network "City of Gastronomy" and its rich culinary heritage are integral components complementing this experience.
Our integrated lifestyle and shopping center complex offers a complete social destination catering to both hotel guests and external visitors through retail stores, open-air plazas, dining facilities, and cafes. In our gastronomy-certified restaurant, we present regional delicacies crafted from authentic recipes, enabling guests to discover local culinary mastery.
Thanks to this integrated infrastructure, evolving beyond a typical hotel into a vibrant lifestyle destination, our property resolutely continues its strategic investments and development initiatives despite industry challenges and macroeconomic fluctuations.
"In the forthcoming period, we aim to advance our strength in thermal tourism and reinforce our leading standing in our region."
Mehmet ALBAY
Board Member
The year 2025 has been a period where global uncertainties and regional developments directly influenced business dynamics. Geopolitical risks generated widespread impacts ranging from energy costs to supply chains, with fluctuations observed in global demand balances. This environment required simultaneously evaluating opportunities and cautious advancement across the construction, marble mining, and PVC profile sectors.
Domestically, monetary policies and financing conditions led investment decisions to be taken with greater selectivity and control. While rising costs reshaped construction project lifecycles, diversifying export markets and focusing on high-value-added stone products gained priority in marble mining. In the PVC profile sector, balancing domestic demand and international market competitiveness heightened the importance of quality assurance and cost management.
In this period of lower predictability, a balanced philosophy was adopted for sustainable growth; prioritizing efficient resource allocation, fiscal discipline, and enterprise risk management. Aiming to create long-term value beyond short-term fluctuations, our company maintains steady growth through resilient business models adaptable to shifting market dynamics. Moving forward, we will continue to take cautious yet determined steps backed by our strong corporate framework, sound partnerships, and disciplined leadership.
The role assumed by the second generation regarding the longevity and sustainability of our family enterprise is expanding steadily. Advancing with an innovative mindset while upholding core heritage values constitutes the cornerstone of enduring accomplishment. The rising generation, guided by this sense of responsibility, will further strengthen our corporate future.
On this occasion, I convey my heartfelt thanks to our family members, colleagues, business partners, and all stakeholders who contributed to the ongoing progress of our enterprise.
"Wishing that the upcoming period provides a sustainable growth environment, I wish to share my conviction that together we will achieve even greater successes."