Reduction in Israeli hotel industry regulations.

Partner Kfir Yadgar and associate Reut Oshaya Holzer review the reduction in hotel industry regulations, intended to leverage competitiveness, incentivizing construction and reduction in vacation cost.

For further reading (Hebrew)

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Reduction in Israeli hotel industry regulations.

For further reading (Hebrew)

KEY CONTACTS

Kfir Yadgar

Reut Oshaya-Holzer

RELATED PRACTICES

RELATED NEWS & PUBLICATIONS

Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the “Kabbalah Center” for a period of approximately 25 years.

Gornitzky represented Maor Hotels – Florentin Ltd. (of the Brown Hotel chain) in a transaction for the purchase of land in the MOMA Project.

Gornitzky represented Laxan Israel Ltd. in an agreement for the lease of the Princess Hotel to a Turkish tourism group.

Gornitzky is representing the Israel Hotel Association in its application to the Israel Tax Authority, with a request to collect and enforce the payment of tax, as required by law, arising from the short-term rental of apartments through Airbnb.

Gornitzky represents Rimonim in a lease transaction worth over NIS 50 million.

Gornitzky represented the Israel Hotel Association before the Antitrust Authority in a request for an exemption joint procurement agreements.

Gornitzky represented Fattal Holdings (1998) Ltd. in the initial public offering (IPO) of its shares.

Kfir Yadgar (Managing Partner) and Yiftah Farber (Partner) were interviewed for an article for “Globes”, and referred to current changes in the hotel industry and the entry of new players into the field.

Gornitzky represents Fattal Group in a transaction for the purchase of 36 hotels in England, Scotland and Ireland.

Gornitzky represents Fattal in a transaction with Issta for purchasing hotels

Gornitzky represents Altshuler Shaham Investment House in an up to NIS 90 million credit facility