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Dan Hotels
Dan Hotels
Dan Hotels
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Dan Hotels is an Israeli hotel chain established in 1947. The chain owns 18 hotels in Israel with 3,669 rooms, a convention center and a hotel training center, as well as a 226-room hotel in Bangalore, India.[1]

Key Information

History

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In June 1947, Yekutiel and Shmuel Federmann leased Kaete Dan, a small guest house on Tel Aviv beach from its then-owner, Abraham Stamberg. They built the Dan hotel around the original pension, finally purchasing the Kaete Dan in 1956. Adopting the name from the previous owner, they formed the Dan Hotels Corporation. The Dan Tel Aviv in 1953.[citation needed]

In June 1982 its shares were listed for trading on the Tel Aviv Stock Exchange.[2]

In 2017, Dan Hotels opened its first overseas property at Bangalore, India. The 226 room hotel is named 'The Den' and is located in the Whitefield district of the city.[3] In June 2018, it opened the Link & Hub hotel in Tel Aviv.[4][5] In December 2018, Dan hotels was in talk to purchase the hotel properties of the Israel Land Development Company which owns the Rimonim hotel chain.[6]

See also

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References

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[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Dan Hotels

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from Grokipedia
Dan Hotels Ltd. is an Israeli luxury hotel chain founded in 1947 by brothers Yekutiel and Shmuel Federmann, initially starting with a small guesthouse called Kaete Dan on the shoreline. The chain opened its flagship property, the Dan , in 1953 as Israel's first luxury hotel, and expanded rapidly by acquiring and restoring historic sites such as the King David Hotel in in 1958. As of November 2025, Dan Hotels operates 19 properties, including 17 in prime Israeli locations such as , , , , and resorts, one in Bengaluru, , and one in , , offering approximately 4,600 guest rooms focused on high-end for and travelers. As a of Federmann Enterprises Ltd. and publicly traded on the (TASE: DANH), the company emphasizes exceptional service, cultural heritage, and modern amenities, with notable members in The collection, such as the Dan and King David . In October 2025, Dan Hotels expanded its international presence by acquiring the Nomo hotel in for $125 million from Sapir Corp. The chain also manages additional services like VIP lounges at and catering operations, maintaining its position as Israel's largest luxury hotel operator.

History

Founding

Dan Hotels was established in June 1947 by brothers Yekutiel Federmann and Shmuel Federmann, who purchased the 21-room Kaete Dan guest house located on the seafront. This acquisition marked the inception of what would become 's pioneering luxury hotel chain, transforming a modest seaside into the core of a burgeoning enterprise. The Federmann brothers, entrepreneurs with a vision for high-end accommodations, recognized the potential of the property amid the pre-state tensions and the impending establishment of the State of . From its outset, the Kaete Dan emphasized luxury seaside hospitality, catering to a growing influx of visitors and positioning itself as an emblem of the nascent nation's aspirations for modern tourism and international appeal. Just months after the purchase, on November 29, 1947, the approved the partition plan for , setting the stage for Israel's independence and amplifying the hotel's role in a transformative era. The property quickly became a hub for accommodating new Jewish immigrants arriving in anticipation of statehood, contributing to the social and economic fabric of the emerging country. The early years were fraught with operational challenges, particularly during the 1948 Arab-Israeli War, which disrupted travel, supply chains, and daily life across the region. Despite these adversities, the Kaete Dan continued to operate, providing essential lodging and symbolizing resilience in Israel's hospitality sector. By 1953, the Federmann brothers expanded the original into the flagship Dan Tel Aviv Hotel, formally launching the Dan Hotels brand with a commitment to deluxe service standards that would define the chain's reputation. This transition elevated the modest beginnings into a structured luxury operation, setting the foundation for future growth while honoring the name derived from the original Kaete Dan.

Expansion in Israel

Following the establishment of its flagship Dan Tel Aviv in 1953, Dan Hotels began expanding northward in the 1950s and 1960s to capitalize on 's growing tourism sector. In 1958, the chain acquired the historic in , originally built in 1931, and undertook extensive renovations to restore its grandeur as a luxury property overlooking the Old City. This acquisition positioned the hotel as a key venue for diplomatic events, hosting numerous world leaders and dignitaries, including U.S. presidents and British royalty, which enhanced Dan Hotels' prestige amid the post-independence influx of international visitors. By 1963, the chain opened the Dan Carmel Haifa atop , marking its first five-star property in northern and catering to both leisure and business travelers with views of . These developments responded to the tourism boom following the 1967 , as the reunification of and access to new sites like the drew significantly more visitors, prompting Dan Hotels to invest in infrastructure such as enhanced meeting facilities. In the 1970s and , Dan Hotels introduced the Dan Panorama brand to target business travelers, emphasizing modern amenities and conference spaces in urban centers. The Dan Panorama opened in 1979, featuring extensive ballrooms and proximity to the city's commercial district, which supported Israel's and corporate . Expansion continued southward with the opening of Dan in 1995, initially planned in the as the chain's first luxury resort; however, construction delays pushed its debut, where it quickly became a catalyst for Eilat's surge by offering beachfront access and recreational facilities. Complementing this, the Dan Panorama followed in 1996, focusing on family-oriented stays with similar business infrastructure. These properties reflected strategic adaptations to regional trends, including investments in convention centers to accommodate group travel and events driven by Israel's improving . The 1990s and early 2000s saw further diversification into resort-style offerings and northern affiliations to broaden Dan Hotels' national footprint. The Dan Caesarea resort opened in 1971 but gained prominence in the 1990s through upgrades, blending golf courses and spa facilities near ancient Roman ruins to attract leisure seekers. Similarly, the in Herzliya, established in 1970, was renovated in this period to emphasize seaside wellness and business conventions. In 2019, the chain acquired several properties, including the Ruth Rimonim in and in , integrating historic sites into its portfolio to serve cultural in the . These moves, alongside responses to sustained tourism growth post-1967, helped Dan Hotels surpass 3,000 rooms across by 2000, solidifying its dominance in the domestic market through targeted developments in key destinations.

International Ventures

In the 2010s, Dan Hotels began shifting toward global operations to diversify its portfolio beyond , driven by the need to mitigate risks from regional geopolitical tensions and to capitalize on its established luxury brand in high-growth markets. This strategic move was motivated by opportunities in emerging economies with strong business ties to , particularly in sectors. The chain's first international venture launched in 2017 with The Den Bengaluru, a 226-room luxury business hotel in the Whitefield district of 's technology hub. Targeting corporate travelers, especially those connected to Israeli hi-tech firms, the property was developed through Dan Hospitality India Pvt. Ltd. and emphasizes modern amenities for professional stays. Marking a significant milestone, Dan Hotels entered the U.S. market in October 2025 by acquiring the NoMo hotel in Manhattan's district for $125 million from the Sapir Corporation. This 264-room luxury property, featuring upscale dining and event spaces, represents the chain's inaugural North American foothold and aligns with its focus on premium urban locations. Looking ahead, Dan Hotels has expressed interest in further international growth, including additional properties in other Indian cities, , the U.S., and parts of , while integrating global affiliations such as to uphold luxury standards across its expanding portfolio.

Properties

Hotels in Israel

Dan Hotels operates a portfolio of 17 hotels across , encompassing approximately 4,000 rooms as of 2025. The properties span the luxury-oriented Dan brand, the conference and business-focused Dan Panorama brand, and the affiliated Ruth Hotels (now including ), which emphasize cultural and heritage experiences. These establishments are strategically located in key urban, coastal, and resort areas, providing a mix of high-end accommodations, event spaces, and leisure amenities tailored to both domestic and international guests. In , the flagship Dan Tel Aviv offers 293 iconic seafront rooms with direct beach access and panoramic Mediterranean views, positioning it as a premier luxury destination since its establishment. Complementing this, the Dan Panorama Tel Aviv features 478 rooms designed as a business hub, complete with extensive conference facilities accommodating up to 3,000 delegates and proximity to the city's financial district. The Link Hotel & Hub TLV provides 94 modern rooms geared toward urban business travelers. Jerusalem's holdings include the historic , a 233-room luxury property and member of the , renowned for its elegant architecture and views of the . The Dan Jerusalem offers 505 rooms with a focus on comfort and city access. The Dan Panorama Jerusalem provides 289 rooms geared toward conventions, with versatile event spaces and a rooftop pool, while the modern Dan Boutique Jerusalem delivers 129 compact, stylish rooms ideal for urban explorers. Along the in , the Dan Eilat resort boasts 375 rooms with beachfront access and family-friendly activities, including pools and sports. The adjacent Dan Panorama Eilat adds 277 rooms focused on larger groups and events, featuring multiple dining options and services. The Neptune Eilat contributes 280 rooms emphasizing leisure and proximity to attractions. Recent efforts, such as the 2025 energy-efficient redesign at Dan Eilat, incorporate solar panels and systems to reduce environmental impact. In the northern region, Haifa's Dan Carmel offers 227 rooms with vistas and upscale dining, paired with the Dan Panorama Haifa's 264 rooms emphasizing business meetings and bay views. Further north, the Ruth Zefat (77 rooms) and (226 rooms) highlight heritage themes, drawing visitors to cultural sites with boutique-style accommodations. Coastal resorts include the Dan Caesarea with 116 rooms adjacent to an 18-hole , promoting wellness and outdoor pursuits, and the beachfront Dan Accadia Herzliya featuring 208 rooms with spa facilities and sea views. Across the portfolio, shared amenities enhance guest experiences, including exclusive VIP lounges at Ben Gurion International Airport offering complimentary refreshments and workspaces for E-DAN Club members. The chain also maintains a dedicated training center in to uphold service standards and implements group-wide sustainability initiatives, such as waste reduction programs and energy-efficient upgrades.

Hotels Outside Israel

Dan Hotels' international portfolio, as of 2025, consists of two properties outside Israel, marking the company's strategic push toward global brand expansion while leveraging its expertise in luxury hospitality. The first venture abroad was The Den in Bengaluru, India, which opened in 2017 as a 226-room luxury business hotel located in the Whitefield technology hub. This property caters primarily to corporate travelers and tech professionals, featuring modern amenities such as spacious rooms, high-speed internet, meeting spaces, and dining options tailored to the demands of India's burgeoning IT sector. Managed under the Dan Hotels branding through a local partnership with Dan Hospitality India Pvt. Ltd., The Den emphasizes urban elegance and innovation to align with Bengaluru's dynamic business environment. In October 2025, Dan Hotels acquired its second international asset, NoMo in , USA, for $125 million from the Sapir Corporation, establishing the group's first presence in . This 264-room luxury is situated in the vibrant neighborhood of , offering stylish accommodations, a rooftop bar, and versatile event spaces that appeal to both leisure and business guests. The acquisition positions Dan Hotels to tap into 's recovering tourism sector, which saw international visitor numbers approaching pre-pandemic levels in 2025 amid ongoing economic rebound efforts. Both properties operate under a model that combines local management partnerships with adherence to Dan Hotels' core standards of personalized service and quality, facilitating smoother market entry while planning for integrated revenue streams across the group's portfolio. This approach has enabled successes such as The Den's strong appeal to India's corporate demand, driven by the city's tech boom, but also highlights adaptation challenges in diverse markets, including navigating post-pandemic tourism fluctuations in New York.

Corporate Structure and Operations

Ownership and Governance

Dan Hotels was founded in 1947 as a family business by brothers Yekutiel and Shmuel Federmann, who leased a small guesthouse on Tel Aviv's beachfront and transformed it into Israel's first luxury hotel chain. The company remains under the control of the Federmann family, which holds a major shareholder position through family holdings, with Gideon Federmann serving as Chairman of the Board. Dan Hotels has been publicly traded on the under the DANH.TA since the 1990s. As of 2025, the Federmann family owns an estimated 44% stake, providing controlling influence over the company's strategic direction. The is structured with Gideon Federmann as Chairman and Ami Federmann as Deputy Chairman, emphasizing family oversight alongside professional management. practices include the establishment of committees to oversee financial reporting and internal controls, as well as full compliance with Israeli securities regulations enforced by the . These mechanisms ensure transparency and accountability in operations as a publicly listed entity. Beyond its core hospitality assets, Dan Hotels owns the King David Tower in , a featuring residential apartments and commercial spaces. The company also holds a one-third stake in the Panorama Mall in , serving as a commercial and management center, and operates VIP and business lounges at Ben Gurion International Airport.

Management and Leadership

Dan Hotels' management and leadership team plays a pivotal role in guiding the company's operations and strategic direction, with a focus on operational efficiency, international growth, and adaptation to market challenges. The executive team, led by professionals with deep industry experience, oversees a portfolio of luxury properties while navigating the sector's evolving landscape. Shlomi Tachan serves as President and Chief Executive Officer, responsible for overseeing daily operations and driving key expansions, including the 2025 acquisition of the NoMo hotel in for $125 million, which marked Dan Hotels' entry into the U.S. market. In 2024, Tachan's compensation was approximately ₪2.44 million. Gideon Federmann holds the positions of and Chairman of the Board, emphasizing strategic oversight and the preservation of the company's family legacy, which traces back to the Federmann brothers who founded in 1947. His role involves ensuring alignment with long-term goals amid operational demands, with 2024 compensation of about ₪1.26 million. Avishai Matza acts as Chief Financial Officer, managing financial strategies that support international investments and monitor stock performance on the Tel Aviv Stock Exchange. In 2024, his compensation totaled roughly ₪1.16 million. Under this leadership, Dan Hotels has pursued key initiatives to enhance competitiveness and resilience. Digital transformation efforts include the implementation of a new enterprise resource planning (ERP) system in 2023, alongside other technologies to streamline operations and improve guest experiences. The E-DAN Club loyalty program, upgraded in 2021 to include Cash Dan points redeemable for stays and services, exemplifies these advancements by fostering customer retention through personalized benefits. Sustainability initiatives feature a 2023 partnership with Electra Power to transition to renewable energy, aiming to reduce greenhouse gas emissions and promote eco-friendly practices across properties. Additionally, the team has addressed 2020s tourism fluctuations—stemming from the COVID-19 pandemic and regional security issues—by pivoting to domestic markets, closing underutilized hotels temporarily, and reporting adaptations that mitigated sharp revenue declines, such as a significant drop in Q2 2025 earnings.

References

  1. https://www.danhotels.com/Blog/?p=2613
  2. https://www.danhotels.com/AboutDanhotels/Overview
  3. https://en.globes.co.il/en/article-dan-hotels-buys-new-yorks-nomo-soho-hotel-1001524615
  4. https://stockanalysis.com/quote/tlv/DANH/company/
  5. https://www.danhotels.com/
  6. https://pitchbook.com/profiles/company/165194-74
  7. https://www.linkedin.com/company/dan-hotels-israel
  8. https://www.danhotels.com/AboutDanhotels/History
  9. https://openjaw.com/newsroom/on-the-town/2020/02/20/as-old-as-the-nation-dan-hotels-is-israels-iconic-hotelier/
  10. https://www.bnaibrith.org/federmann/
  11. https://blogs.timesofisrael.com/the-true-meaning-of-zionism-in-the-dan-hotel/
  12. https://www.danhotels.com/TelAvivHotels/DanTelAvivHotel
  13. https://en.globes.co.il/en/article-dan-buys-hotels-in-eilat-safed-and-nazareth-1001274044
  14. https://pictures.danhotels.com/ESG.pdf
  15. https://m.economictimes.com/industry/services/hotels-/-restaurants/israels-leading-hotel-chain-dan-hotels-to-venture-into-india/articleshow/52320223.cms
  16. https://en.globes.co.il/en/article-dan-opens-hotel-in-india-1001219880
  17. https://www.bwhotelier.com/article/israeli-luxury-hotel-chain-dan-hotels%25E2%2580%2599-global-footprint-assumes-from-bengaluru-163967
  18. https://www.jpost.com/business-and-innovation/article-871635
  19. https://www.hotelmanagement.net/transactions/dan-hotels-acquires-nomo-soho-125m
  20. https://www.travelweekly.com/Travel-News/Hotel-News/Israel-Dan-Hotels-to-open-dedicated-spa-resort
  21. https://www.danhotels.com/TelAvivHotels/DanPanoramaTelAvivHotel
  22. https://www.danhotels.com/JerusalemHotels/KingDavidJerusalemHotel
  23. https://www.danhotels.com/JerusalemHotels/DanPanoramaJerusalemHotel
  24. https://www.danhotels.com/EilatHotels/DanEilatHotel
  25. https://www.danhotels.com/AboutDanhotels/Environment
  26. https://www.danhotels.com/HaifaHotels
  27. https://www.danhotels.com/NorthHotels
  28. https://www.danhotels.com/AboutDanhotels/DanHotelsLounges
  29. https://www.danhotels.com/Blog/?p=2891
  30. https://in.linkedin.com/company/dan-hospitality-india-pvt.ltd.
  31. https://www.hotel-online.com/news/dan-hotels-buys-new-yorks-nomo-soho-hotel
  32. https://www.jpost.com/consumerism/article-871678
  33. https://www.osc.ny.gov/files/reports/pdf/report-04-2025.pdf
  34. https://www.danhotels.com/AboutDanhotels/Management
  35. https://www.forbes.com/profile/michael-federmann/
  36. https://finance.yahoo.com/quote/DANH.TA/profile/
  37. https://www.danhotels.com/AboutDanhotels/Governance
  38. https://www.reuters.com/markets/companies/DANH.TA/profile
  39. https://au.finance.yahoo.com/quote/DANH.TA/profile/
  40. https://www.jpost.com/opinion/article-730435
  41. https://www.linkedin.com/posts/dan-hotels-israel_at-the-dan-hotels-when-we-kick-things-off-activity-7104000412952768512-Zn7E
  42. https://www.danhotels.com/AboutDanhotels/News/cashdan
  43. https://www.jpost.com/business-and-innovation/energy-and-infrastructure/article-776495
  44. https://www.ifi.today/news/1179-Dan-Hotels-Reports-Sharp-Decline-in-Q2-Earnings-Amid-Tourism-Collapse.html
  45. https://www.calcalistech.com/ctechnews/article/3hs4ccdor
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