NEW $1,750, 000 HOTEL TO BE BUILT IN NORTHERN ISRAEL
The high plateau of Poriya, overlooking the sea of Galilee in northern Israel, will be the site of a new $1, 750, 000 resort hotel, it was reported here today by the Jewish Agency’s Economic Department.
A seven-story, 200-room hotel is planned by Pituach Poriya, Ltd., a holding of Taiber Bros., prominent Tel Aviv land owners and builders. The hotel will feature bath facilities using radio-active waters piped from the nearby Tiberias hot springs. The project is open to American investment.
Poriya is also the site of a housing project containing 150 buildings, constructed by the Jewish Agency, and a forty-house multiple dwelling project completed last year by Pituach Poriya, Ltd. The erection of a 160-house project for the Farmers’ Federation was begun last year at Poriya, and a youth hostel is nearing completion.
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