Fattal Hotels enters U.S. market as GC oversees landmark acquisition
Fattal Hotels Group‘s in-house legal team, led by General Counsel Tamar Cohen (pictured), advised on the legal aspects of the company’s first acquisition in the United States, marking a key milestone in the Israeli hospitality group’s international expansion strategy.
The company has signed an agreement to acquire The Blakely Hotel, a 117-room property in Midtown Manhattan, for approximately $38.5 million. The transaction represents Fattal’s first investment in the U.S. hospitality market and expands the group’s footprint to 22 countries.
Following the acquisition, the hotel, located on West 55th Street, will undergo a comprehensive renovation and repositioning programme backed by an additional $13 million investment. The property, which includes 42 suites, is expected to reopen in mid-2027 under one of the group’s established hotel brands.
The legal work supporting the transaction was handled internally by Fattal’s legal department under the leadership of General Counsel Tamar Cohen, who on Linkedin described the acquisition as “a significant milestone” for the company and highlighted its role in strengthening the group’s presence in key global markets.
Founded by David Fattal, the group currently owns and operates 329 hotels across Europe, the Middle East and other international markets through brands including Leonardo Hotels. The move into New York is part of a broader strategy to transform Fattal into a global hospitality player with a presence in major gateway cities.
“Entering the U.S. market is a landmark moment for Fattal Hotels Group and an important strategic step in our continued international growth,” said founder and chief executive David Fattal, describing New York as the natural choice for the group’s first American property given its position as one of the world’s leading hospitality markets.
The acquisition follows years of expansion across Europe, where Fattal has built a diversified portfolio serving both business and leisure travellers. The Manhattan investment signals the group’s intention to continue pursuing international growth through strategic acquisitions in high-profile markets.
