Tel Aviv Hotel Investments

Tel Aviv Hotel Investments

Tel Aviv Hotel Investments

Hotel Equity Fund – Tel Aviv Israel Hotel Investments

Tel Aviv Israel – Hotel Market Report 2020

Tourism in Israel has changed and grown as the country’s hotel market stabilized – and then excelled – with higher occupancy rates and new supply. There is significant diversification in the current market.

For example, at one time Tel Aviv was known mostly for its beachfront hotels. Now the lodging category is moving into the city center and other neighborhoods.

Tel Aviv is one of Israel’s oldest cities and the country’s financial center. During 2018, the number of guest nights in Tel Aviv rose by 7.2% fueled by the international market which increased over 7.5 per cent.

The foreign market accounted for about three-quarters of the total demand. During this same year, the hotel pipeline made up about 56% of current room supply including new luxury brands.

As of December 2019, Tel Aviv had 7000 hotels; within three years, this city is expected to have twice that number of lodging properties – everything from upscale accommodation to low-cost hotel chains. Budget hotels can be found in various spots through Tel Aviv including most convenient locations (e.g. near the central bus station).

Low-cost accommodation is a favorite among millennials – age group 20-26. Since this younger group spends about more 40% more on travel than any other demographic, they prefer a low-cost room. Millennials want to spend more on experiences.

By last year, the leading luxury brand in Israel had eight hotels under construction in Tel Aviv. During 2019, there were also hotel acquisitions including four properties to be rebranded as urban boutique hotels.

Recommended by the globe’s top international lifestyle, design, and travel publications, these unique accommodations strive to capture visitors’ attention – especially the younger guests or anyone looking for a hip atmosphere, youthful culture, and exciting nightlife.

With its progressive market and widespread technology base (varied start-ups and tech entrepreneurs), Tel Aviv attracts travelers who have a modern edge and contemporary interests; this visitor demographic tends to prefer a lifestyle hotel over traditional lodging.

These accommodations for the “lifestyle-focused” traveler have a boutique hotel atmosphere. Yet they also adhere to the standards and facilities experienced with an international brand name.

This city has several outstanding hotels of this type. After its opening in 2014, Jetsetter voted The Norman as the best boutique hotel in the world.

Tel Aviv’s hospitality sector has many cool hotels including luxury urban resorts. Some of the world’s most famous designers translate Tel Aviv’s one-of-a-kind style into their décor and amenities. Tel Avivian artists, designers, and artisans work together to create the best experience for every guest.

If you want to travel to a lively Mediterranean city, choose Tel Aviv. There is winter sunshine, bustling markets, party beaches, as well as Bauhaus architecture, and a delightful culinary scene. The Carmel Market is the largest authentic Middle-Eastern style “shuk” in Tel Aviv.

Enjoy a relaxing walk on the boardwalk by the sea in the Tel Aviv Port area (one of the city’s most popular attractions), or explore the street art in Florentin (known as Tel Aviv’s Greenwich Village).

Linger at a coffee kiosk on Rothschild Boulevard (the most expensive street in the city). The romantic Rothschild Hotel, one of the city’s most photographed buildings, is known worldwide for its architectural style.

The current Diaghilev LIVE ART Boutique Hotel is the building in which UNESCO declared the White City of Tel Aviv as a world heritage site.

Experience culture at Habima Square – home to several institutions such as the Cultural Palace – the largest concert hall in Tel Aviv. Visit Jaffa – the ancient adjoining port city.

With its trendy hotels in different categories, the Tel Aviv hospitality sector has come into its own in the past few years; now the city’s hotels are a success story. These spectacular properties include rooftops with panoramic views of the Tel Aviv skyline, top-class dining, and the most luxurious rooms.

When hotels hold local art exhibitions or cultural events take place in their grand halls, it helps to introduce the city’s vibe to guests.

Tel Aviv attracts a record number of tourists, but it is also a huge draw for well-established hotel brands. These investors want to capture a piece of the lucrative hotel market in Israel. Many international hotel groups and brands already have a presence in the region.

RevPAR (revenue per available room) is stable and high in this country. Tel Aviv is as popular with travelers as any of the European countries; this explains its high occupancy rates. Guests at Tel Aviv hotels enjoy an unforgettable experience.