Israeli Tourism Ministry to grant hotels up to $89 million to cover COVID-19 losses

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Israeli Tourism Ministry to grant hotels up to $89 million to cover COVID-19 losses

JNS

The decision to provide money to the ailing industry was made in August, but the funds have yet to be distributed due to disagreements over which establishments should be deemed eligible.

The Israeli Tourism Ministry announced on Sunday that it is granting hotels up to NIS 300 million ($89 million) for losses sustained as a result of coronavirus-spurred lockdowns.

Tourism Minister Orit Farkash-Hacohen said, “I invite hoteliers, from large and small hotels, to submit their application and get the support they need.”

The decision to provide money to the country’s hotels was made in August, but the funds have yet to be distributed, due to disagreements over which establishments should be deemed eligible for the grant.

For purposes of receiving a grant, a hotel will be defined as one “comprising at least 11 rooms, which provides paid accommodation services for guests and for limited periods of time, as well as ancillary services including catering, recreation and leisure,” the Tourism Ministry stated.

Caption: Hotels on Tel Aviv's coastline are seen from Jaffa on March 26, 2020.
Photo by Gili Yaari/Flash90.


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