The new hotel will be the Fattal chain's fourth in the capital and third NYX brand hotel in Israel.
The Israeli carrier will also increase the frequency of its flights from Tel Aviv to Tenerife in Spain from once to twice weekly.
UK ambassador David Quarrey talks to "Globes" about the planned official visit to Israel by Prince William, Duke of Cambridge, the first by a British royal.
The boom in tourism and the uncertainty in the housing market have changed the priorities of many real estate developers as new hotels flourish.
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.