Take the following as truth: Turn left at Galatasaray Square, and left again at the British Consulate along Me?̲utiyet Caddesi, and you will reach the Pera Palas Hotel, established in 1892 to provide accommodation for Orient Express passengers.
Then the following statement: "The Pera Palas Hotel was built over one hundred years ago." is true, false, or inconclusive?
Answer: True