Tamares invested $32 million in renovations and an upgrade.
Tamares, owned Israeli-British business tycoon Poju Zabludowicz, has reopened the Daniel Dead Sea Hotel after $32 million in renovations. The 302-room hotel is Tamares’ fourth hotel in Israel. The company bought the hotel from Fattal Hotel Management Ltd.
Tamares told “Globes” that it bought the Daniel Dead Sea Hotel because “the Dead Sea has the highest occupancy rates and immense tourism potential.”
Published by Globes [online], Israel business news - www.globes.co.il - on February 4, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007