Tel Aviv, Israel
Bachelor of Social Sciences, University of Haifa
hotels, Self Made
#2057 Billionaires 2019
David Fattal is founder of the Fattal Hotel Chain, Israel's largest hotel organization.He got his start as a waiter and bellboy and rose through management ranks before starting Fattal Hotels in 1998 at age 41.In February 2018, the hotel chain's parent company, Fattal Holdings 1998, went public on the Tel Aviv stock exchange.Fattal Hotel Chain owns 39 hotels with 16,700 rooms in Israel. It also manages 150 hotels in Europe, the majority of which are in Germany. Fattal owns a nearly 64% stake in the company.
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