Israel’s Dan Hotels adds 3 hotels

The new hotels in Dan Hotels' portfolio include the Rimonim Eilat Hotel (formerly the Neptune). Photo credit: Dan Hotels

Israel’s Dan Hotels has acquired three hotels from domestic company Rimonim Hotel Group. The purchase includes the Rimonim Eilat Hotel (formerly the Neptune), the Rimonim Spring Hotel in Nazareth and the boutique-style Ruth Rimonim Hotel in the ancient town of Safed.

“Part of our decision to acquire these hotels is that they fill a gap in the Dan Hotel Corp.’s coverage of Israel, particularly with the addition of the properties in Safed and Nazareth, both located in the northern Galilee region,” said Ronen Nissenbaum, Dan Hotels’ president/CEO.

Four additional Rimonim properties may be added to the Dan Hotel chain in the coming months: one in the Negev Desert, two in Tiberias on the shore of the Sea of Galilee and one in the Golan Heights.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


“Our goal is to strengthen and diversify the Dan brand so that we are able to offer something for every traveler’s geographic need, profile and budget,” said Nissenbaum. “For the time being, we will operate the three new hotels as they are, and in the coming months make decisions about renovations, upgrades and possible name changes.”

Dan Hotels has shown double-digit growth in revenue and profits since late 2017, according to the company,  and Nissenbaum predicted the Rimonim acquisition “will ensure that growth will accelerate even further in 2019 and 2020.”