Israel aims to boost tourism amid security concerns

02/7/2013 | Bloomberg

Although security is a concern, hotel development and travel are on the rise in Israel, and even the government is pitching in with grants. "It's understood by the government that tourism here is very sensitive to the political and geopolitical environment, and if we want investors to build big hotels for hundreds of millions of shekels, we have to help them," said Eran Nitzan, the Ministry of Tourism's senior deputy director for infrastructure development and investments. The Waldorf Astoria Jerusalem is set to open this summer.

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