Story perspectives
Israel Canada Hotels Acquires 50% of Two Northern Hotels
2/12/2026
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Story summary
- Israel Canada Hotels announced on February 11, 2026, it will acquire a 50% stake in two northern Israel hotels for NIS 142 million.
- Galilion Hotel in the Hula Valley has 120 rooms.
- Kfar Giladi Hotel in Upper Galilee has 158 rooms.
- The two properties will join Israel Canada Hotels' portfolio.
- CEO Reuven Elkes said the acquisitions align with the company's growth strategy to boost tourism in northern Israel.
