DUN'S 100 - 2016

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Construction & Real Estate
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2016 | DUN’S 100 DUN’S 100 | 2015
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1 Real Estate - Hotels
RANK
Fattal Hotels Ltd.
Fattal Hotels Ltd. is an Israeli hotel man-
agement company owned and managed
by the hotelier and businessman David
Fattal. The company manages and owns 35
hotels in Israel and 65 hotels across Europe
under independent brands such as Magic, U
Hotels, Leonardo, Herods, Rothschild 22 and
NYX Tel Aviv.
David Fattal is one of the most noticeable and
influential figures in Israeli tourism with over
35 years experience. He was responsible for
introducing the Holiday Inn brand into Israel (for
Africa-Israel), and in 1999 founded the Fattal
Hotel Management company.
The company, established just 18 years ago,
managed one hotel, Le Meridien Eilat, has over
the years added management agreements with
other hotels and brought international hotel
brands into Israel with special managerial style
and concepts.
Since then, Fattal has expanded activities and
purchased a variety of hotels therefore mak-
ing it owner as well as manager and include:
Magic Nirvana Club, Dead Sea; Palmira, Eilat;
Paradise, Eilat; Basel Tel Aviv etc.
In 2009, the company completed Israel’s most
major hotel deal when it acquired the 12 hotels
of the Azorim Tourism chain (formerly Sheraton
and Accor) in the amount of 970 million shekels
making Fattal the largest hotel chain in Israel.
This enabled the chain to expand its activities to
new locations such as Jerusalem and Tel Aviv.
The chain currently owns 28 hotels throughout
Israel. These include flagship hotels such as
Herod’s in Eilat, Herod’s in Tel Aviv, Leonardo
Plaza and Leonardo City Tower in Ramat Gan,
Rothschild 22 and NYX Tel Aviv. The chain later
opened the U Coral Beach Club, Eilat, the first
ultra all-inclusive hotel in Israel. In recent years,
the company has opened additional hotels in-
cluding Herods Herzliya, Leonardo Plaza Ne-
tanya, Leonardo Plaza Ashdod, Rothschild 22
and NYX Tel Aviv.
The chain also entered the boutique hotel sec-
tor and established a luxury boutique hotel in
Tel Aviv’s Ramat Hachayal designed by Liora
Ofer and Yehoshua Kastiel at an investment of
€50 million.
The principle uniting all the chain’s hotels is the
commitment by employees and management
alike to provide guests with perfect pleasure
under the chain’s slogan “Fattal Hosts with
Love”.
The Fattal chain brings innovation and fresh-
ness to Israeli tourism and was the first to intro-
duce the all inclusive concept to the Dead Sea,
Tiberias and Eilat, to consolidate new standards
of culture and entertainment combining the
country’s leading artists and more.
Today the hotel chain encompasses all of Is-
rael’s main leisure sites from north to south
and offers a wide range of concepts suited to
every pocket and purpose: business tourism
and conferences; city tourism; leisure; family
vacations; boutique tourism; romantic vacation
packages and more. The chain operates 8,000
rooms in Israel.
The chain’s 2016 revenue from Israel activities
was 1.6 billion shekels and it employees 6,500
employees in Israel.
Fattal Overseas
In 2006, Fattal expanded its activities to Europe
through an investment fund in partnership with
Delek Real Estate, Migdal, Mivtachim, Dorad
and Menorah. The fund invests in 3-4 star busi-
ness and city hotels. The company manages 67
hotels in Belgium, Germany, Hungary, Austria,
Switzerland, the UK, Spain, Italy, the Czech Re-
public and the Netherlands, of which 50 are
owned by the Fattal chain or the fund in which
it is a partner. All the European hotels operate
under the independent Leonardo brand.
Annual revenue from the chain’s European op-
erations amounts to €280 million with 3,500
employees.
Leonardo
The Fattal chain’s independent brand, Leon-
ardo, which was set up in Europe 5 years ago,
and ipntroduced to Israel as well, operates 90
hotels (25 in Israel and 65 in Europe). Fattal
plans turning Leonardo into one of the world’s
leading tourism brands.
Contribution to the Community and
Social Involvement
The Fattal Hotel chain also works for the com-
munity. Each hotel works for its community and
the Fattal chain strives to employ those with
disabilities in various departments, including
management positions.
Esta b l is h ed
1998
L i n e o f B u s i n ess
Hotel Management
Fattal Hotels Chain, 35th Floor, Triangular
Building, Azrieli Center, Tel Aviv
Tel: 972-3-6069927
Fax: 972-3-6081877
Reuven Elkes
CEO
David Fattal
Owner