Isrotel Ltd.

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

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]

History

Businessman 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