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Tshuva's Daughter Buys Golan Heights Thermal Resort for Reconstruction
Gal Naor, daughter of Yitzhak Tshuva, is purchasing 70% of the Hamat Gader thermal resort in the Golan Heights for approximately 150 million shekels. The deal, approved by the four kibbutzim that previously owned the resort, will see them retain a 30% stake.
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What happened
- 01Gal Naor is acquiring 70% of the Hamat Gader thermal resort for about 150 million shekels.
- 02The resort is located in the southern Golan Heights and was previously owned by four kibbutzim.
- 03Naor plans to add 140 hotel rooms and upgrade the facilities.
- 04The goal is to increase overnight stays and attract foreign tourists.
- 05Current entrance fees range from 127 to 139 shekels.
Naor plans to add 140 hotel rooms and extensively renovate the facilities to attract more visitors, including international tourists, with an expected rise in entrance fees.
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