Tycoon's Daughter Negotiates Control of Hamat Gader Resort
Gal Naor, daughter of Israeli business magnate Yitzhak Tesuba, is reportedly in advanced negotiations to acquire controlling interest in the Hamat Gader spa and resort complex. The potential deal is valued at up to NIS 150 million (approximately $41 million USD).
Hamat Gader, located in the Jordan Valley near the Syrian and Jordanian borders, is a popular tourist destination known for its thermal springs and animal park. The complex has faced financial difficulties in recent years, leading to its current sale process.
Naor, who has a background in business and finance, is seen as a strategic buyer who could potentially revitalize the resort. The specific terms of the deal are still being finalized, but sources close to the negotiations indicate a strong likelihood of completion.
This potential acquisition marks a significant investment for Naor and could signal a new chapter for Hamat Gader, aiming to restore its status as a premier leisure destination in northern Israel.
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