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Israeli Hotel Rates Soar 25% on Eve of Holidays

April 11, 1973
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Many Israeli hotels have raised their rates by 25 percent as a result of the recent price hikes for food, oil and water. The price rises were put into effect on the eve of the annual tourist rush that precedes the two major spring holidays, Passover and Independence Day.

The director of the Hotel Owners Association, Dr. Kurt Licht, said “the price of meat just rose by 50 percent. Basically, everything has gone up in price. What do you expect from hotel owners?–that they will absorb all these price increases themselves?”

A check of 30 hotels in Israel indicated that — hotel owners had already imposed indirect price increases by abolishing special reductions for children and by raising food prices. The largest price increases were at hotels in Safed, Tiberias, Ashkelon and Natanya, usually in the modest two star and three star hotels.

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