Fattal Hotels acquires 7minds hotel chain
Categories: Real Estate
Fattal, the largest Israeli hotel chain in the world, with 220 hotels in Israel and Europe (including hotels under construction), continues to expand its operations in Israel and has completed a purchase agreement of 72.5% of the 7MINDS boutique hotel chain, owned by Oren Pascal and Ben Braverman.
As part of the transaction, The Bachar House Hotel of the Fattal chain will join the three boutique hotels from the 7MINDS chain: Nordoy Hotel, Sam & Blondi and Cucu Hotel.
Gornitzky & Co. advised Fattal Hotels on the acquisition of the 7minds boutique hotel chain. The firm’s Hotel team included Yiftah Farber and Dafna Sidkiyahu , who led and completed the transaction.