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]
Company type | Public |
---|---|
Industry | Hospitality |
Founded | 1981 |
Founder | David Lewis |
Headquarters | Tel Aviv, Israel |
Number of locations | 21 (2024) |
Area served | Israel |
Key people | Lior Raviv, CEO |
Services | Hotels |
Revenue | ₪743 million |
Total equity | ₪1.36 billion (2020) |
Number of employees | ~4,500 (2022) |
Website | isrotel.co.il |
History
editBusinessman 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
edit- ^ isrotel.com - All hotels retrieved 21 April 2024
- ^ Lipman, Jennifer (9 August 2011). "Isrotel founder David Lewis dies at 87". The Jewish Chronicle. Retrieved 10 July 2021.