Dan Hotels Ltd Stock TEL AVIV STOCK EXCHANGE

Dan Hotels Ltd is an Israel-based hotel chain which owns and operates 14 hotels throughout Israel, with a total of 3,874 rooms.The majority of the Dan Hotels are graded by the Ministry of Tourism as First Class hotels, the remainder as Tourist Class hotels. The Company manages and operates four VIP lounges at Ben Gurion International Airport in partnership with other companies. Dan Hotels Ltd also owns commercial property and apartments at King David Towers in Tel Aviv and has one-third ownership in the commercial and management center of the Panorama Shopping Mall in Haifa and is also the owner of the catering services provided to the Israeli Defense Forces. Its hotels include King David, Dan Carmel, Dan Tel Aviv, Dan Gardens Ashkelon, Dan Accadia and Dan Caesarea, among others.