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IceEconomy

New Luxury Hotel to Be Built in Caesarea After 60 Years

Translated & summarized from Ice by baba

BusinessNeutral tone

Hebrew · 4 newsrooms covering

A new luxury hotel, the first in Caesarea in about 60 years, has received a building permit for construction. The 108-room hotel, costing over 100 million shekels, will be operated by the Gordonia chain. The project is part of Amram Avraham Group's expansion into the hotel industry, with CEO Noam Grayef emphasizing Caesarea's tourism potential.

The story in 5 lines · by baba

  • A new luxury hotel is being built in Caesarea, the first in approximately 60 years.
  • The project by Amram Avraham Group and Chi Hai Group will cost over 100 million shekels.
  • The hotel will feature 108 rooms and suites, a spa, and a chef restaurant.
  • It will be operated by the Gordonia chain, specializing in luxury and boutique hotels.
  • Construction is expected to begin shortly after receiving the building permit.
New Luxury Hotel to Be Built in Caesarea After 60 Years
Editorial illustration generated by baba News, not a photograph of the event.

For the first time in approximately 60 years, a new hotel is set to be constructed in Caesarea, Israel. The Hof HaCarmel Local Planning and Building Committee has issued a building permit to the Amram Avraham Group, in partnership with the Chi Hai Group, for a luxury hotel in the Neot Golf neighborhood. Construction is expected to commence shortly.

The hotel will feature 108 rooms and suites, some with private pools, alongside a central swimming pool, a spa complex, a chef restaurant, and leisure areas. The design is intended to be tiered, integrating with the existing Neot Golf complex and its green surroundings, and will include shaded roofs, outdoor spaces, and pools. The project's cost is estimated to exceed 100 million shekels, reflecting significant development investment.

The hotel will be operated by the Gordonia chain, known for its luxury and boutique hotels. Amram Avraham is expanding its hotel ventures, with seven other hotel projects underway across Israel, totaling approximately 970 rooms in various stages of planning and construction. These include hotels in the Kinneret, Zichron Yaakov, Eilat, and Netanya areas.

Noam Grayef, CEO of Amram Avraham, stated that the building permit aligns with the company's strategic plan to expand its growth engines and deepen its involvement in the hotel sector, complementing its core activities in residential and income-generating real estate. He highlighted Caesarea's tourism potential and expressed confidence that the project, with its location, design, and partnership with Gordonia, will meet the high demand for tourism, culinary, and leisure experiences in the region.

IceOther · Tel Aviv

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Full coverage · 4 outlets
First: Ice · 5h ago

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