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Dan Hotels

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Dan Hotels
IndustryHotels
Founded1947; 77 years ago (1947)
Headquarters,
Israel
Number of locations
18
Area served
Israel, India
Revenue120,000,000 loss (2020)
Number of employees
around 3,600
Websitewww.danhotels.co.il
Footnotes / references
Data from Tel Aviv Stock Exchange

Dan Hotels is a chain of Israeli luxury hotels established in 1947. The chain owns 18 hotels with 3,669 rooms, a convention center and a hotel training center, as well as a 226-room hotel in Bangalore, India.[1]

History

Dan Caesarea Hotel, 2006

In June 1947, Yekutiel and Shmuel Federmann leased Kaete Dan, a small guest house on Tel Aviv beach from its then-owner, Abraham Stamberg. They built the Dan hotel around the original pension, finally purchasing the Kaete Dan in 1956. Adopting the name from the previous owner, they formed the Dan Hotels Corporation. The Dan Tel Aviv in 1953 was the city's first luxury hotel.

In 1957, the Federmanns purchased the King David Hotel in Jerusalem. In 1958, they purchased the beach front Dan Accadia in Herzliya, followed in 1960 by the Dan Carmel in Haifa and Dan Caesarea in 1971. In June 1982 its shares were listed for trading on the Tel Aviv Stock Exchange.[2]

Despite economic problems in the 1980s, the chain opened the Dan Panorama Tel Aviv and Dan Panorama in Haifa. In 1995, it opened the Dan Eilat, followed by the Dan Panorama Jerusalem, Dan Gardens Ashkelon and Dan Panorama Eilat. In 2000, the chain renovated and refurbished the Dvir Hotel in Haifa, renaming it the Dan Gardens Haifa. The Dan Gourmet School for chefs is on the grounds of this property. In 2007, it bought the Ariel Hotel in Jerusalem, which was renovated and reopened as the Dan Boutique. The Hyatt-Regency on Mount Scopus was acquired and renamed the Dan Jerusalem.

In 2017, Dan Hotels opened its first overseas property at Bangalore, India. The 226 room hotel is named 'The Den' and is located in the Whitefield district of the city.[3] In June 2018, it opened the Link & Hub hotel in Tel Aviv.[4][5] In December 2018, Dan hotels was in talk to purchase the hotel properties of the Israel Land Development Company which owns the Rimonim hotel chain.[6]

Activities

Dan Hotel in Eilat.
Dan Panorama hotel and shopping centre - Haifa.

Dan Hotels owns and manages luxury hotel properties in Israel and India.

Dan Hotels owns commercial property and apartments at King David Towers in Tel Aviv and has one-third ownership in the commercial and management center of the Panorama Shopping Mall in Haifa. The company is also a partner in the catering services provided to the Israeli Defense Forces.

Hotels
  • Jerusalem: King David (237 rooms), Dan Panorama Jerusalem (292 rooms), Dan Jerusalem (505 rooms) and Dan Boutique Jerusalem (129 rooms).
  • Tel Aviv:
    • Dan Tel Aviv (280 rooms), Dan Panorama Tel Aviv (476 rooms), Link Tel Aviv (93 rooms).
    • Link Hub & Hotel
  • Herzliya: Dan Accadia (209 rooms).
  • Caesarea: Dan Caesarea (116 rooms).
  • Haifa: Dan Carmel (227 rooms), Dan Panorama Haifa (266 rooms), Mirabelle Plaza Haifa (100 rooms).
  • Eilat: Dan Eilat (378 rooms), Dan Panorama Eilat (277 rooms), Neptune Eilat (280 rooms).
  • North: Ruth Zefat (77 rooms), Marys Well Nazareth (266 rooms).
  • Bangalore, India: The Den (226 rooms).

Prizes

  • 2018: The Link Hotel & Hub was ranked in Fodor's 100 most incredible hotels in the world.[7]

References

  1. ^ Dan Hotels looks to expand outside Israel
  2. ^ Yanai Levison, Halit (17 July 2011). "Builders: Yekutiel Federman, father of the Dan Hotel Empire". Globes. Retrieved 27 October 2021.
  3. ^ Israeli Hospitality Chain Dan Hotels Opens Doors in Bengaluru, News18.com, 29 October 2018
  4. ^ Shlomit Tsur, Dan transforms Tel Aviv office building into hotel, Globes.co.il, 23 October 2018
  5. ^ Dan opens high-tech Tel Aviv Link hotel, Globes.co.il, 19 July 2018
  6. ^ Michal Raz-Chaimovich, Dan Hotels eyes Rimonim hotel chain, Globes.co.il, 3 December 2018
  7. ^ Artsy, App-run Tel Aviv Hotel named among world's '100 most incredible', Nocamels.com, 24 December 2018