The boom in tourism and the uncertainty in the housing market have changed the priorities of many real estate developers as new hotels flourish.
The new hotel on King George Street will compete with the King David Hotel for high-end customers.
The company has requested a permit to build a 250-room hotel at the entrance to the Airport City business park near Ben Gurion Airport.
The fourth passenger wing at Israel's major airport will increase capacity at Terminal 3 by 1,800 passengers per hour.
The minimum company value for the offering is NIS 3.4 billion, before money.
Wizz Air flew 74,500 passengers to and from Israel in January, 90% more than in January last year.
The new 234 room hotel on Tel Aviv seafront, adjacent to the Isrotel Royal Beach, will be built by 2021.
French developer Michel Ohayon's vision for the Jerusalem Waldorf Astoria combines luxury with the spiritual.
The hotels, set to open in the next few months, are located in 19th century buildings marked for preservation.
"Globes" visited the impressively designed airport, which can serve 4.25 million passengers a year.
The airline responds to Avishai Ovadia's portrayal of it as a company adrift.
Who really calls the shots at the Israeli carrier, and what time bomb is concealed in its balance sheet, asks Avishai Ovadia.
Norwegian Cruise Line VP: Israel is in 6th place worldwide in per capital cruise passengers.
Cathay Pacific Israel manager Jonathan Bailey said the carrier was surprised by the strong demand for business class seats on the Tel Aviv - Hong Kong route.