TASE:AZRGReal Estate
Azrieli Group (TASE:AZRG) Taps Kempinski for Major Jerusalem Hotel Expansion - What Could This Mean?
Azrieli Group has announced that the prestigious Kempinski hotel chain will manage the Mount Zion Hotel in Jerusalem, which is set for a major expansion from 120 rooms and 20 luxury suites to 350 rooms and a reopening planned for 2028.
This shift from self-management to partnering with an established international brand could significantly boost the property's profile in the competitive luxury hospitality market.
We'll explore how Azrieli Group's collaboration with Kempinski could impact its...