Contemporary hotel management in Istanbul started in the second half of the 19th century. A group of minorities and levantines of Istanbul opened few hotel 1892. Shortly after, a series of hotels were opened in Beyoğlu district.
While the new hotels were being opened in the Beyoğlu district, Sirkeci quarter where Kalyon Hotel is located, within the old city quickly adapted to the new tendency and the old inns in the neighbourhood were gradually transformed into hotels in the beginning of the 20th century. The other districts of the city followed the trend and the number of hotels in Istanbul was more than 40 in the year 1910.