Near the Hotel Ipek Palas are several destinations of great historical significance. One may walk to the Blue Mosque, to St. Sophia or to the Museum of Islamic Art to experience the cultural and architectural history of the city or to the Grand Bazaar to see old traditions still very much alive in the modern world. The Ataturk International Airport is about 16 kilometers from the Hotel Ipek Palas.

The rooms at Hotel Ipek Palas are appointed with modern amenities including air conditioning, telephone service, wireless Internet access and television. The ambiance is designed to be cozy and relaxed, with comfortable furnishings and a laid-back feel. There are about 60 rooms in total.

The lobby at the Hotel Ipek Palas is decorated with traditional Turkish artifacts and the theme of blending old and new is part of the hotel's overall feel. It is proximate to the most-frequented historical sites in the city and is one of the many hotels in Istanbul with a long history behind it.