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Expansion Strategy:
  • The company's international expansion strategy is purchasing hotels in major cities in Western Europe and NY City
  • Preferred locations include cities with strong hotel rooms' demand market with further upside potential, both in terms of ARR and % Occupancy

The key criteria are as follows:

  • Major European cities with strong tourism demand
  • Landmark buildings situated in prime positions
  • Focus only on luxury 5 star hotels category
  • Each hotel branded independently and managed by Alrov Management Company
  • Focus on top quality environment and service to ensure unrivalled guest experience
  • Establish a recognized and professional team of both real estate development and hotel management

Opportunities Include:

  • Properties with more than 100 rooms
    • Existing hotels
    • Hotels conversion projects
    • Prime sites
  • Residential components is a plus

Alrov Tower 46 Rothschild Blvd. 66883 Tel-Aviv Israel T. +972.3.714.7777 F. +972.3.714.7778