Brown Hotels

Brown Hotels is expanding into Italy for the first time with the acquisition of the company operating Amedia Milan, a four-star hotel near San Siro

A major entry into Germany: Brown Hotels, part of Israel Canada, is acquiring Berlin's historic Excelsior Hotel along with five additional properties in Munich, Hamburg, Leipzig, and Berlin in a deal worth tens of millions of euros

Israel Canada has purchased Brown Acropol, one of the flagship hotels of the Brown Hotels chain in the Greek capital. The first payment has already been completed, with the seller given a repurchase option until February 2026 in the event of a breach

Following the court's request to approve the sale of the network's hotel operations, it turns out there is no commitment towards the company's employees. Brown has a debt of more than 39 million shekels to Menora Mivtachim Insurance