Israeli Fattal Hotels’ M&A spree reaches $213 million


The Fattal hotel chain has made five acquisitions over the past three months totaling 800 million shekels ($213 million).  Four of those deals, involving the purchase of seven hotels for about 650 million shekels, were done in the last three weeks of September alone by a subsidiary, Fattal Properties (Europe). The fifth was signed three months ago. [Full Article]