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Tourism arrivals to Israel hit another record in 2019 growing to 4.5 million and resulting in improved hotel performance throughout. This article explores the hotel performance and development pipeline in Israel.
With more than 3.6 million visitors, representing a year-on-year increase of almost 25%, 2017 was the first time in Israel’s history that the 3 million mark was reached. This article explores the hotel performance and development pipeline in Israel.
Israel’s hotel sector saw a relatively stable performance during 2016 with significant potential for growth due to a rise in tourism and expansion of the sharing economy. This article explores the hotel performance and development pipeline in Israel.