Hotel booking platform Splitty announced that it has raised $6.75 million in a series A round of funding led by Fosun RZ Capital, the VC investment arm of Fosun International. 2bAngels, Techstars Ventures, Cockpit Innovation and 11-11 ventures also participated, enabling Splitty...
Rendering of hotel Hilton International announced it has signed a contract to operate the new Hotel Swell being built on the Ashdod beach. The Swell will have 84 rooms with a pool on the roof. It will be located to the north of...
Main Bar When the average visitor to Tel Aviv thinks about hotels, he or she generally envisions the long row of hotels that lines the beach. The Tel Aviv shoreline is home to a full compliment of well-known chains: Hilton, Sheraton, Dan, Crowne...
787 Arriving to El Al El Al had its worst quarter ever, losing $55 million. The company’s monumental loss is attributed to a number of factors, the most significant of which, is a drop in passengers.  El Al’s income dropped to $429 million...
The Turkish Airline, Corendon plans to increase its service to Ben Gurion Airport.  The airline will operate a weekly flight to Cologne, to Nuremberg, as well as flights to the island of Corfu, Perugia Italy, and Sofia Bulgaria. Corendon operates two hubs...
El Al announced it will begin non-stop flights to Dublin and Dusseldorf. Flights to Dublin will begin on May 26th 2020 and flights to Dusseldorf are scheduled to start on June 1, 2020.  The airline will fly to each destination three times...
THE CITY OF EILAT. IN THE PHOTO, GENERAL VIEW OF THE MARINA AND THE HOTELS. העיר אילת. בצילום, מראה כללי של המרינה והמלונות בעיר. In June 2019, a record 365,000 tourist entered Israel. This represents an increase of 17.7% from one of 2018....
On Sunday evening, Prime Minister Netanyahu made the final decision to close Sde Dov Airport. The decision to abolish the airfield, located inside Tel Aviv along the beach, was vehemently opposed by the people of Eilat, as well as, by the Tel...
(Update)In a dramatic about face, Arkia announced on July 4th that it would not lay off employees and would find other ways of restructuring. The new announcement came only two days after the initial announcement in which Arkia announced major...
Zim reported the following second quarter results — Financial and Operating Highlights for the Three Months, Ending June 30, 2019: Total revenues were $834.3 million compared to $803.2 million in Q2 2018, a 3.9% increase. ZIM...