Fattal Group Invests Nearly £220 Million in London’s The Dilly Hotel Renovation

The Fattal Hotel Group has expanded its international presence by acquiring the leasehold rights to The Dilly, a luxury hotel in London’s West End, through its Fattal Europe fund in partnership with institutional investors. The transaction, valued at approximately £66.5 million, involves a long-term leasehold agreement. Since 2022, Fattal had operated the hotel under a sublease agreement.

The Dilly, which features 283 rooms and suites, restaurants, cafes, conference facilities, a spa, fitness center, ballrooms, a swimming pool, and squash courts, is undergoing a major renovation. Fattal is investing an additional £60 million to upgrade guest rooms, public areas, technical systems, and the building’s facade. The refurbishment began in 2025 and is expected to be completed by 2028, aiming to establish The Dilly as a flagship asset for the group. Total investment in the hotel will reach about £220 million.

Fattal currently operates 330 hotels across 22 countries. Group executives Guy Verdi and Yaniv Amzalag noted that the nearly three-year negotiation process was complex but necessary to restructure the hotel’s ownership and enable comprehensive renovations. They described The Dilly as an iconic property in Mayfair since 1908.

Additional news includes the German airline Condor resuming daily flights between Frankfurt and Tel Aviv after 70 years, enhancing air connectivity between Germany and Israel. Also, Israeli actress and model Omer Nudelman was selected as the face of Gindi Group’s new residential project GINDI LIV in Ganei Tikva, which will feature two towers and a commercial and entertainment complex called ONO VILLAGE. The initial marketing campaign investment is several million shekels.

The article also briefly mentions the sale of a National Bank building in Kiryat Shmona for 5.4 million shekels and the strong box office performance of the film "Spider-Man: No Way Home," which earned $875 million in its opening weekend after a $225 million production budget.