Fattal Group

Leonardo Hotels is targeting further European growth with up to €1 billion in investment capital and a new development structure for its expanding portfolio

The hotel, which includes 117 rooms, a pool and a rooftop with a view of the Acropolis, is Fattal's fifth in Greece

The group is acquiring The Blakely Hotel in Midtown Manhattan for $38.5 million. All the details about the purchase and the intentions of the popular hotel chain

Magen, who began her career at Fattal as a reservations clerk, announced her resignation after 24 years at the network. During her tenure as CEO, she led impressive business growth, strengthened the position in the local market, and expanded operations. David Fattal stated: "One of the outstanding and significant managers who grew within our house"

With rising occupancy and global growth, only 20% of Fattal’s revenue now comes from Israel. The group targets up to ₪8.5B in 2025