The company is interested in buying the floors above the tower's commercial complex that in the past served as a cinema. The space covering 3,500 square meters belongs to a publicly traded company and could serve as a 50-60 room hotel.
Nakash Brothers Group is set to open three exclusive hotels in Israel: on the shores of the Kinneret (Sea of Galilee); adjacent to Jaffa's clock tower in the former police station under the Setai brand; and the 137-room Herbert Samuel Hotel in Jerusalem's Shamai Street, which is set to open next month for Passover.
All these hotels will become part of the Nakash Brothers Orchid hotel chain in Israel: the Orchid Eilat; Orchid Reef Eilat; Orchid Park Plaza Tel Aviv; Orchid Okeanos Herzliya; and Bayit Bagalil in the Galilee.
Source Globes
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