Fattal adds 12 hotels: what it means for Fattal Holdings stock
Published on 10/16/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSExpansion and earnings evidence
- Fattal announced 12 new Israeli hotels and more than 2,000 rooms by 2030 on October 14, 2026.
- Second-quarter revenue reached ILS 1.90 billion and net income was ILS 141.00 million.
- Fattal Holdings stock traded at ILA 64,770 on October 16, 2026, at 12:05 p.m. IDT on the Tel Aviv Stock Exchange.
Fattal Holdings (1998) (ISIN IL0011434292) announced an Israeli expansion involving 12 new hotels and more than 2,000 rooms by 2030, according to Bizportal on October 14, 2026. The plan adds scale to a group that already operates 332 hotels in 22 countries and more than 59,000 rooms, according to the same report.
What does the expansion mean?
The new projects deepen Fattal's domestic pipeline while the company continues to grow internationally. The October 14 announcement identified 49 operating Israeli hotels and 15 properties under development, giving the expansion a concrete construction base.
Fattal's latest reported quarter also provides a financial measure for the strategy. Investing.com reported second-quarter revenue of ILS 1.90 billion and net income of ILS 141.00 million. Revenue rose from ILS 1.33 billion in the previous quarter, while net income improved from a loss of ILS 316.00 million to a profit of ILS 141.00 million.
Three expansion milestones
On September 15, 2026, Fattal agreed to take 22 hotels from the Revo Hospitality Group, according to KPB Insolvenz. On September 17, 2026, Leonardo Hotels added 1,040 German rooms through former Revo properties, according to Hotelier.de. The October 14, 2026 Israeli plan for 12 hotels and more than 2,000 rooms is the latest step in that expansion sequence.
Stock trades in a broad range
Fattal Holdings traded at ILA 64,770 on the Tel Aviv Stock Exchange on October 16, 2026 at 12:05 p.m. IDT. The quoted 52-week range was ILA 55,340 to ILA 86,000 on October 15, 2026, placing the latest price inside a wide annual band.
Fattal Holdings key facts
- Company: Fattal Holdings (1998) Ltd
- ISIN: IL0011434292
- Ticker: 1143429
- Primary exchange: Tel Aviv Stock Exchange
- Sector / Industry: Consumer Cyclical / Travel Lodging
Market context: Market report TA-35.
