Africa-Israel Hotels has a franchise to operate hotels bearing the names Crowne Plaza and Holiday Inn in Israel. The company operates eight hotels in Israel under these brands and has leased to third parties two other hotels it owned in Eilat: La Playa Hotel and Be City Hotel. After buying four hotels from Africa-Israel Hotels for NIS 524 million ($147 million) in 2017, the Dayan family (משפחתו של אמיר דיין) signed later that same yearanother deal to acquire full ownership of Africa-Israel Hotelschain for NIS 413 million ($115 million).
In October 2021, it was announced that Africa-Israel Hotels will establish with IBI a hotel investment fund in Israel that is expected to raise $500 million. It is estimated that the Dayan brothers and Africa Hotels will invest half of the amount, and the other half will be invested by the investment fund’s client investors. clients After reaching the goal, the fund will complete the amount it needs both through equity that will be pumped in and through financial leverage.
The Dayans are an entrepreneurial family operating in the real estate business worldwide, hotels, development and construction, car leasing and other sectors. The Dayan family members are beneficial owners of the companies Ouram S.à.r.l., TLG Immobilien AG, Vivion S.a.r.l. and Golden Capital. In 2005, the Dayan Family started its real estate investment activities in Europe.
Beginning in Sweden and Berlin, Germany, they subsequently expanded to other major cities in Germany, the Netherlands and the United Kingdom.
Leading the family business we have Amir Dayan (אמיר דיין).Amir Dayan (אמיר דיין) is a well-known Israeli businessman. Born in Tel Aviv, in 1974, he is active primarily in real estate development, hotel business and hospitality in Europe, particularly in Germany, the Netherlands, and the United Kingdom.
Amir Dayan is involved as a shareholder in various other public and private real estate projects, like Lianeo Real Estate. In the Africa-Israel Hotels project, he works alongside his brother, Yitzhak Dayan, 58, who also manages Sharoni Ceramics.