"Luxury chain's second hotel in Israel to be built on shoreline, near Hilton Hotel
The Waldorf Astoria chain is expected to open a second hotel inIsrael, on the plot adjacent to the Tel Aviv Hilton Hotel.
The chain's first hotel will be opened by the Canadian Reichman family in 2011 in Jerusalem, opposite businessman Alfred Akirov's Mamilla Hotel, at a total investment of $100 million. It is expected to be Israel's most luxurious hotel."
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