Dan Hotels Ltd Overview
Pro stress-test →Dan Hotels is an Israeli hotel chain established in 1947. The chain comprises 18 luxury hotels with 16 in Israel, one in USA (New York) and one in India (Bengaluru). The portfolio includes two members of the prestigious Leading Hotels of the World list - The King David Jerusalem and Dan Tel Aviv hotel.
Strategic Profile
Pro stress-test →Dan Hotels owns and operates a chain of hotels in Israel, operates business and VIP lounges at Ben Gurion Airport, owns and manages commercial and apartments at King David Towers in Tel Aviv, and owns a third of the Panorama Mall commercial center in Haifa. The company recently expanded internationally with the acquisition of the Nomo Soho hotel in New York for $125 million. The chain employs approximately 3,500 staff members.
Competitive Landscape
Pro stress-test →Direct and indirect competitors include Isrotel Ltd, Azrieli Group Ltd, and Discount Investment Corporation Ltd. Dan Hotels maintains a premium positioning through flagship properties and the Leading Hotels of the World designation, but faces competition from both international luxury chains and local Israeli hospitality operators in a geographically constrained market.
Industry Context
Dan Hotels Ltd operates in Hospitality & Hotel Operations.
Key facts
Founded: 1947 · Headquarters: Tel Aviv, Israel · Employees: 3,500 · Market cap: ₪2.6B