Fattal Holdings Will Open NYX Hotel In Jerusalem’s Mahane Yehuda Market

March 19, 2018 | Israeli hotel management company Fattal Holdings, owned and managed by businessman David Fattal, has announced the construction of the NYX Jerusalem Hotel, according to Globes. The hotel is scheduled to open in 2021 and is the company’s fourth Jerusalem hotel. The hotel will be located at the Etz Chaim site, close to the Mahane Yehuda Market in downtown Jerusalem. The hotel will be two buildings with 168 rooms, including 12 suites. One building will have 144 rooms while the other will be 24 rooms and public spaces (including a lobby, bar, restaurant, and balcony.) “The NYX brand name, the chain’s lifestyle brand, provides a different, young, and cool experience. We expect it to also be attractive to new groups that have not yet stayed at the existing Fattal hotels in Jerusalem. The hotel’s location in the Mahane Yehuda market will also be a significant factor in attracting a colorful and diverse group seeking to enjoy a complete authentic Jerusalem experience – the past, present, and future – the old and the new,” said Fattal Holdings business manager Assaf Fattal. Earlier this year, Fattal Holdings filed for an IPO on the Tel Aviv Stock Exchange (TASE.) Founded in 1998, Fattal Holdings currently has 167 hotels in 17 countries worldwide, including Germany, Spain, Italy, England, and Belgium. The company has 38 hotels in Israel in locations like Tel Aviv, Tiberias, Eilat, Jerusalem and the Dead Sea.