Israeli Fattal Group Expands Luxury Hotels in Mediterranean with New Greece and Cyprus Resorts

The Israeli hotel chain Fattal is expanding its presence in the Mediterranean basin by adding two new luxury properties to its Leonardo Limited Edition collection: the MERAVIA hotel in Halkidiki, Greece, and the NALU resort in Latchi, Cyprus. The investment in these projects totals approximately 137 million euros. MERAVIA, located on the Kassandra Peninsula about 30 minutes from Thessaloniki Airport, is an adults-only hotel featuring 188 rooms, most with private pools, outdoor jacuzzis, or direct pool access, and includes a spa. It operates on an ultra all-inclusive basis.

NALU, situated near the Blue Lagoon and Akamas Peninsula in western Cyprus, offers 240 family-oriented suites, with 90 featuring direct pool access. It also operates ultra all-inclusive and plans to add 12 private pool villas by 2027. Both hotels are positioned in highly sought-after coastal areas, with MERAVIA near the village of Afytos and NALU facing the Akamas Peninsula.

Roni Aloni, CEO of Fattal's Mediterranean region, emphasized growing demand for premium vacations in the area and noted that with these openings, Fattal now operates five hotels in Greece and nine in Cyprus. Additional openings are planned in Nicosia, including a boutique hotel soon and a NYX brand hotel in 2027.

This expansion follows a broader trend of Israeli hotel chains investing in Europe. Recently, the Brown Hotels chain, controlled by Israel Canada, entered the German market by acquiring the historic Excelsior Hotel in Berlin for about 50 million euros, with plans for a major renovation. Brown also signed agreements to acquire operations of five other hotels in Munich, Leipzig, Hamburg, and Berlin, totaling around 1,500 rooms, for approximately 15.8 million euros.