It has yet to match the 2019 revenue, the best year for travel before the pandemic, but the officials of the hotel expect it to come close to that level this year.
“Our revenue was 15% to 20% higher in the first half, which we estimate to see by yearend, as well,” said Daniel-Ben Yehuda, general manager of the five-star Sheraton.
The first half was good, considering tourists from Israel returned and occupancy rate was 70% to 80% on average, he added.
The hotel has 270 rooms and 11 conference rooms. Sheraton (formerly Howard Johnson) is a brand of international hotel chain Marriott.
(English version by Loredana Fratila-Cristescu)