Revenue comes from running branded hotels and from leasing income-producing property, while reported results are dominated by fair-value gains recognised on hotel property under construction as development advances.
Geographic Exposure
Israel100%
Revenue Drivers
Hotel ownership and operation
Owns, operates and manages branded hotels under franchise, lease and management agreements
CORE81.1%
Income-producing property rental
Develops and leases hotels and other rental property to operators and tenants
SIGNIFICANT18.9%
End Markets
Hotel guests
Leisure and business travellers
Property tenants and hotel operators
Conference and event customers
Specializations
Franchise agreements with international hotel brandsFive-star luxury resort village developmentGlamping accommodation complex developmentHoliday village developmentSheltered housing combination projectHotel-designated land acquired through Israel Land Authority tenders+1 more