Ritz Carlton Luxury Hotel company announced that they
will create their first hotel in israel.
They plan to open this hotel in 2012,
it will get 110 hotel rooms and 85 residential suites.
The project is co-owned with tidhar Adi Strauss and Irit Strauss.
The investment for this first ritz carlton in Tel Aviv will
represent around US$ 160 Millions.
As Ritz Carlton company set a high end standard worldwide,
the Israeli Government is really enthusiastic on this project.
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