Fattal Hotel Group makes US debut with new acquisition

Fattal Hotel Group has agreed to get The Blakely Hotel successful Midtown Manhattan, New York City, marking the hospitality company's archetypal edifice concern successful the US.

The Israeli Stock Exchange-listed institution operates 329 hotels crossed 22 countries and is known for its Leonardo Hotels brand.

Its caller acquisition, The Blakely, is located adjacent to Central Park, Times Square and Fifth Avenue.

The "pre-war" gathering contains 117 rooms, including 42 suites.

Fattal Hotel Group laminitis David Fattal said: "Entering the US marketplace is simply a landmark infinitesimal for Fattal Hotel Group, and a large strategical measurement successful our continued planetary growth.

"New York is 1 of the world's astir important hospitality markets and the perfect determination for our archetypal US property. Expanding into New York represents the adjacent section successful our improvement into a planetary edifice company."

Once the woody is completed, Fattal Hotel Group plans an extended refurbishment and repositioning of the property.

The edifice volition enactment unopen passim the redevelopment play and is slated to instrumentality to the marketplace successful mid-2027, operating nether 1 of the group's established brands.

Leonardo Hotels UK, Ireland, Benelux, Spain, Portugal and US improvement CEO Ronen Nissenbaum said: "It's important that our archetypal US edifice is close successful the centre of 1 of the world's top cities and we are excited to bring Leonardo Hotels' renowned impermanent work to the US market.

"This edifice benefits from an exceptional Midtown Manhattan determination successful the centre of 1 of the world's astir dynamic destinations.

"We spot important semipermanent imaginable successful the spot and look guardant to repositioning and reopening it arsenic a premium edifice that embodies the quality, work standards, and ambition of our group."

In January 2026, Fattal Hotel Group expanded its portfolio by acquiring Greece's five-star Cora Resort and Spa from Bain Capital.

"Fattal Hotel Group makes US debut with caller acquisition" was primitively created and published by Hotel Management Network, a GlobalData owned brand.