 | |
| 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]
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 22 hotels by 2022 and 30 by 2025.[ citation needed ]
Eilat is Israel's southernmost city, with a population of 53,151, a busy port and popular resort at the northern tip of the Red Sea, on what is known in Israel as the Gulf of Eilat and in Jordan as the Gulf of Aqaba. The city is considered a tourist destination for domestic and international tourists heading to Israel.
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