New Hotel Gordonia Golan Beach to replace Luna-Gal

In these difficult days that are passing through the tourism industry, there are still those who maintain optimism and slide to invest in Israel. These days, Bank Hapoalim has completed a financial closing for the financing of a project to support the construction of the luxury hotel Gordonia Golan Beach, in place of the Luna-Gal complex in the Kinneret.

The new hotel will be spread over about 16 acres and will include about 150 suites in two wings (families and couples) alongside a chef's restaurant, conference halls, and spa and fitness complexes.  

The hotel and restaurant will be managed by the Kerem Hotels company owned by Gadi Priewer and Ephraim Kramer, which operates the Gordonia Hotel in Ma'ale Hamishme and the Alma Hotel in Zichron Ya'akov. The hotel was designed by Feigin Architects, one of the leading architecture firms in Israel, which has designed over 100 hotels and will include a combination of natural local materials such as basalt stones and motifs from the Sea of Galilee. The interior design of the hotel will be done by the designers Ari Sheltiel and Ruth Arad. 

As part of the transaction, Bank Hapoalim will provide financing in the amount of approximately NIS 185 million to Dogal Initiative and Investments Ltd., which is controlled by the companies Amram Avraham and Shai Chai. The hotel is expected to open to guests in August 2026. The total cost of the project is estimated at approximately NIS 275 million.

Hila Medina, manager of the hotel team in the business division of Bank Hapoalim: "In such a complex period, we see great importance in continuing the partnership with leading entrepreneurial companies that are engaged in the further development of the hotel sector in Israel in general and in the northern region in particular. Our commitment to the hotel sector in Israel is part of a long-term strategy of Bank Hapoalim, and we will continue to support and finance this area." 

Noam Greif, CEO of the Amram Avraham company: "This is a significant milestone in the advancement of the project, from among the variety of hotels that the company promotes the construction of, and we see the signing of the escort agreement as a great expression of confidence in the company and its partner. We strongly believe in the northern region in general, and especially when peace returns, we expect a boom in tourism in particular in the Kinneret region. Our resort caters to local and international tourism and offers, in addition to exclusive planning, complementary services that allow guests a complete vacation or retreat experience with the highest level hospitality experience alongside advanced activity centers. The activity is in accordance with the strategic plan led by the company to expand the engines of growth and deepen the activity in the hotel sector."