Israel's leading hotel chain to venture into India

One of Israel's oldest and prestigious hotel chains Dan Hotels is set to venture into India with its first overseas facility coming up in Bengaluru.

"The construction of the 230-rooms hotel is underway and we hope to inaugurate it in about 10-12 months. Bengaluru offers us with a good potential for business given the presence of several Israeli hi-tech companies. We would also explore opportunities in other Indian cities after starting our operations in Bangalore," CEO of Dan Hotels Raffi Sadeh told PTI.

The top-tier Bengaluru hotel will be the first facility of the renowned chain outside Israel even though it maintains a marketing and sales office in New York.

"We have been extended every possible cooperation from the Indian government and local administration in building the facility and we are excited about moving into India," Gidi Federman, who is supervising the construction, said.