Tag archive for ‘hotels’
Jewish Business News On Thursday, September 24th, 2020

World`s Five Largest Hotel Chains Lost $25.2 billion in Market Cap Amid Coronavirus Crisis

The coronavirus outbreak has affected every sector across the globe, but the hotel industry is among the hardest hit. Although hotels implemented increased safety and sanitation measures and cautiously reopened More...

Shai Genish On Monday, April 29th, 2019

Nakash Brothers to Invest in Six Hotels for $360 Million in Israel

Standing-Ralph-and-Avi-Sitting-Joe-Nakash The Jordash Group of Nakash Brothers Joe, Ralph and Avi Nakash expands its activity in the hotel sector in Israel, Globes report. Jordash will build Six new 5-star hotels More...

Jewish Business News On Sunday, June 24th, 2018

Trump, Kushner end hotel partnership; Kushner Looks to Invest $2 Billion in Hospitality Business

The New York Times reported that Kushner companies cut ties with Trump Organization in the hotel business in NJ. The partnership between the president and his son-in-law attracted public scrutiny from ethics More...

Jewish Business News On Sunday, March 4th, 2018

Leonardo DiCaprio Partner in Luxury Hotel in Israel

Oscar-winning actor Leonardo DiCaprio joined as partner and investor in a new hotel that Hagag Group Real Estate Development is building via Regency at the Herzliya Marina. DiCaprio will assist in the marketing More...

Niall McCarthy On Wednesday, January 31st, 2018

Is Airbnb Really Cheaper Than A Hotel Room?

A combination of factors including budget airlines and ride-sharing have made traveling more affordable than ever. Still, when it comes to finding a place to stay, hotel rooms tend to cost a small fortune. Nowadays, More...

Shlomi Ella On Thursday, December 14th, 2017

Israeli Fattal Hotels Group and Swedish Pandox to buy Jurys Inn group for €907 Million

  Israeli Fattal Hotels Group together with Swedish hotel group Pandox have agreed to acquire the Irish Jurys Inn hotel group and brand from US investment firm Lone Star for £800 million (€907 million) More...

News Brief On Wednesday, June 21st, 2017

Mark Gordon of Tribeca Associates launches $500 Million hotel investment fund

  Tribeca Associates’s Mark Gordon is looking to raise about $500 million in debt and equity for a new hotel-focused fund, Gordon told The Real Deal. “We see opportunity in acquiring existing, income-producing More...

Noam Meir On Monday, January 26th, 2015

Jason Pomeranc Expanding Hotel Chain to Montreal

Hotelier Jason Pomeranc is resurrecting the Thompson hotel chain with the new Sixty Hotels. He told the New York Post that it will open its first international location in Montreal. The new 120 room luxury hotel More...

Noam Meir On Sunday, January 25th, 2015

Carl Icahn Delays Buying Trump Casinos

Carl Icahn has been forced to put his acquisition of the Trump casino hotels in Atlantic City on hold for a few weeks, Bloomberg has reported. The billionaire investor is looking to buy two bankrupt casinos More...

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Michael Ordman On Sunday, January 18th, 2015

Shirt that Monitors Hearts, Destroying Cancer Cells, New Gas Fields: It’s Good News from Israel!

  In the 18th Jan 2015 edition of Israel’s good news, the highlights include:   ·        Two Israeli biotechs are at the forefront of a new method for destroying cancer cells ·        An More...

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