Twenty years ago, Bodrum, Turkey, seemed like a town that time had forgotten. "It was a small fishing village," remembers Atlantic Records Chairman Ahmet Ertegun. "The main activities were fishing and sponge diving, as well as work in agriculture -- citrus trees, olive trees." There were a few foreigners to be found haggling over prices with merchants at the bazaar, and a handful of tourists viewing the city's ancient ruins.
A visitor returning today would hardly know Bodrum. The town's 185-slip marina is already too small for the flotilla of yachts anchored there from ports as distant as Oslo and Southampton....