Henry Taic to open Israel’s first luxury Kempinski hotel

The Kempinski Tel Aviv Hotel will be attached by glass cube to the 25-storey David Promenade Residences, which will have 60-70 luxury apartments.

By MICHAL MARGALIT / GLOBES
October 19, 2010 07:12
An artist's rendering of planned Kempinski Hotel

311_Planned Kempinski hotel drawing. (photo credit: Courtesy of Globes)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Henry Taic plans to build the first Kempinski Hotel in Israel as part of the David Promenade Residences under construction on Tel Aviv’s seafront.

Taic’s company, Nahal Group, signed an agreement with Kempinski Hotels AG last week to establish a luxury hotel on half the eight-dunam lot owned by Nahal on Herbert Samuel Street in Tel Aviv near the US Embassy. The Kempinski Tel Aviv Hotel will have 220 rooms, including 50 suites, on 23 floors. It is due to open in 2013.


The Kempinski Tel Aviv Hotel will be attached by glass cube to the 25-storey David Promenade Residences, which will have 60-70 luxury apartments ranging in size from 100 square meters to 1,000-sq.-m. duplexes. Residents will have use of the hotel’s facilities.

Be the first to know - Join our Facebook page.


Nahal owns the David Intercontinental Hotel in Tel Aviv, the Meridien Dead Sea Hotel and the Grand Court Hotel Jerusalem.

Kempinski Hotels was founded in 1897. The luxury European chain how has 60 hotels worldwide, with 43 more planned for Europe and Asia.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS