Isrotel Ltd. is an Israeli hotel chain headquartered in Tel Aviv. It operates 21 hotels and resorts throughout the country, most of which are located in and around Eilat.[1]

Isrotel Ltd.
Company typePublic
IndustryHospitality
Founded1981
FounderDavid Lewis
HeadquartersTel Aviv, Israel
Number of locations
21 (2024)
Area served
Israel
Key people
Lior Raviv, CEO
ServicesHotels
Revenue₪743 million
Total equity₪1.36 billion (2020)
Number of employees
~4,500 (2022)
Websiteisrotel.co.il

History

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Businessman David Lewis opened the Isrotel King Solomon Hotel in Eilat in 1980.[2] The hotel chain expanded to 12 hotels by 2011 and 19 by 2019. As of 2022, Isrotel operated 22 hotels, and related tourism services, including restaurants, spas, a diving center, and shopping centers. Isrotel plans to increase to 30 properties by 2025.[citation needed]

References

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  1. ^ isrotel.com - All hotels retrieved 21 April 2024
  2. ^ Lipman, Jennifer (9 August 2011). "Isrotel founder David Lewis dies at 87". The Jewish Chronicle. Retrieved 10 July 2021.