Area Served: | Israel, India |
Industry: | Hotels |
Revenue: | loss (2020) |
Num Employees: | around 3,600 |
Footnotes: | Data from Tel Aviv Stock Exchange |
Location City: | Tel Aviv |
Location Country: | Israel |
Locations: | 18 |
Dan Hotels is an Israeli hotel chain established in 1947. The chain owns 18 hotels in Israel with 3,669 rooms, a convention center and a hotel training center, as well as a 226-room hotel in Bangalore, India.[1]
In June 1947, Yekutiel and Shmuel Federmann leased Kaete Dan, a small guest house on Tel Aviv beach from its then-owner, Abraham Stamberg. They built the Dan hotel around the original pension, finally purchasing the Kaete Dan in 1956. Adopting the name from the previous owner, they formed the Dan Hotels Corporation. The Dan Tel Aviv in 1953 was the city's first luxury hotel.
In 1957, the Federmanns purchased the King David Hotel in Jerusalem. In 1958, they purchased the beach front Dan Accadia in Herzliya, followed in 1960 by the Dan Carmel in Haifa and Dan Caesarea in 1971. In June 1982 its shares were listed for trading on the Tel Aviv Stock Exchange.[2]
Despite economic problems in the 1980s, the chain opened the Dan Panorama in Tel Aviv and Dan Panorama in Haifa. In 1995, it opened the Dan Eilat, followed by the Dan Panorama Jerusalem, Dan Gardens Ashkelon and Dan Panorama Eilat. In 2000, the chain renovated and refurbished the Dvir Hotel in Haifa, renaming it the Dan Gardens Haifa. The Dan Gourmet School for chefs is on the grounds of this property. In 2007, it bought the Ariel Hotel in Jerusalem, which was renovated and reopened as the Dan Boutique. The Hyatt-Regency on Mount Scopus was acquired and renamed the Dan Jerusalem.
In 2017, Dan Hotels opened its first overseas property at Bangalore, India. The 226 room hotel is named 'The Den' and is located in the Whitefield district of the city.[3] In June 2018, it opened the Link & Hub hotel in Tel Aviv.[4] [5] In December 2018, Dan hotels was in talk to purchase the hotel properties of the Israel Land Development Company which owns the Rimonim hotel chain.[6]
Dan Accadia (209 rooms).
Dan Caesarea (116 rooms).
Dan Carmel (227 rooms),
Dan Eilat (378 rooms),
The Den (226 rooms).