Fattal Group invests €315 mln to develop network Leonardo Hotels in Europe
22:09
Israeli hotel group Fattal has set up a €315 million investment fund to expand its hotel portfolio, with a particular focus on Europe. The initial capital raised for the purchase of new properties currently stands at around €1 billion. The company will thus expand the portfolio of its four brands Leonardo Hotels, Leonardo Royal Hotels, Leonardo Boutique Hotels and NYX Hotels by Leonardo Hotels.
"Both the European and global hotel markets are facing major changes and…
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