Fattal
Found 9 recent publications
Phoenix to acquire 20% stake in Fattal's coworking merger at a valuation of 1.4 billion NIS
Fattal Holdings is merging its ROOMS workspaces with SwitchUp. Following the deal, valued at 1.4 billion NIS, the Phoenix insurance group will hold a 20% stake in the combined entity.
The strong shekel is weighing on them, but Israeli hotel companies will not give up on abroad
The strengthening of the shekel has negatively impacted the results of Israeli hotel chains operating abroad, yet companies maintain that this effect is temporary and will not halt their international expansion strategy.
Following Israel Canada Hotels: Fattal also bites into the assets of the German giant that fell into difficulties
Fattal and Israel Canada Hotels have leveraged the financial distress of the German Revo Hospitality Group to expand their European footprint. The companies are acquiring rights to 15 hotels in Germany and the Netherlands for approximately 40 million euros.
Fattal chain on the path to expansion: will open dozens of new hotels with massive investment
The Fattal hotel chain notes in its financial reports that it expects to open 41 additional hotels by 2030, with an investment of approximately 1.1 billion shekels. The company estimates that the new hotels will add about 300 million shekels to the annual EBITDA.
Fattal chain profits soar – but there is one figure to pay attention to
The company recorded an increase of about 17% in net profit in the second quarter, alongside significant growth in EBITDA and EBITDAR excluding exchange rate effects. However, revenues in shekels decreased due to currency effects and the security situation; the company expects revenues of 7.8–8.1 billion shekels in 2026.
.png)
From Receptionist to CEO of Fattal: The Price of Success on the Way to the Top
Avia Magen reveals her journey from a junior employee to managing Israel's largest hotel chain, and shares the personal sacrifices she made along the way.
New Hotel to Be Built in Israel: Fattal Chain Invests in the Dead Sea
One of the region's oldest hotels has been demolished to make way for a desert lifestyle resort. The project will feature a unique water park and an advanced wellness complex, aiming to attract a new demographic to the Dead Sea.
"What we did here is nothing less than a revolution for the Israeli customer"
Roni Aloni, CEO of Leonardo and Fattal hotels in the Mediterranean basin, marks Fattal's next target - luxury resorts, adults-only hotels, and expansion into Greece, Cyprus, Montenegro, Croatia, and Albania. After turning Cyprus into a sought-after destination, he talks about the revolution in Israeli tourism and the vision ahead: "There is no limit to what can be achieved."
The beloved hotel chain in a price frenzy for the Tishrei holidays: up to 30% discount
While summer vacations are at their peak, some are looking ahead to the next vacation — the holiday season. The Fattal chain has announced discounts of up to 30% for those who book early at a variety of its hotels across the country.