Generates revenue by operating hotels - selling room nights, food and beverage and event hosting - and by managing hotels owned by others for a share of their turnover, alongside a health bathing and wellness complex.
Geographic Exposure
Israel97.6%
Outside Israel2.4%
GreeceN/A
CyprusN/A
Revenue Drivers
Hotel accommodation
Sells room nights across owned, leased and managed hotels.
CORE63.3%
Food and beverage
Meals and drinks sold in hotel restaurants, dining rooms and packages.
CORE25.3%
Health bathing complex
Operates a hot-spring bathing and wellness complex.
PERIPHERAL6.4%
End Markets
Leisure travellers
Inbound tourists
Organized tour groups
Hotel owners under management agreements
Commercial space tenants
Evacuated residents housed under wartime arrangements
Specializations
Multi-brand hotel portfolioTurnover-linked variable rent leasesEquipment renewal funds funded from hotel revenueThird-party management contracts with operating-profit incentive feesIn-house reservation centre and customer clubHotel renovation and room upgrading+1 more