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Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Marissa Perino. Tel Aviv is a bustling, seaside city in Israel.

The city is located 43 miles from the capital city of Jerusalem, along the coast of the Mediterranean Sea. Tel Aviv is home to approximately , people.

Tel Aviv: Latest News, Top Stories & Analysis - POLITICO

And about half of the country's total billionaire population calls Tel Aviv home. Also among the country's billionaires is Eyal Ofer, a real estate and shipping mogul, who has owned property in the Tel Aviv area. Recently, Tel Aviv has also become home to a variety of startup tech companies, which is bringing in a new wave of fresh talent — and new money. Tech giants like Google have also opened offices in the city.

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Facebook, too, has an office in the city. With this influx of tech, neighborhoods have expanded.

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Business Insider's Hillary Hoffower previously reported that Israel's real estate prices have doubled in the past ten years. In Tel Aviv in particular, prices are rising because of tech and tourist industry success. One of the most desirable areas in the city is Neve Tzedek. And then there's the White City, home to Bauhaus architecture. On the dining front, Israel has gained attention as a global food hub and has, over the years, boasted a variety of restaurants with Michelin-star chefs. It also has a bustling nightlife scene.

One of Tel Aviv's most iconic streets and a major draw for the city's wealthy residents and tourists, according to Tourist Israel, is the ritzy Rothschild Boulevard. It's lined with luxury shops. Rothschild Boulevard is also home to some of the city's luxury hotels and spas.

Tel Aviv – The Brand Story

Two Chinese films — both patriotic, but of very different genres — dominated the weekend box office in China. Opening on Wednesday Oct. The Warner Bros. In a speech celebrating the opening of his brand new acre studio in Atlanta, Ga.

A Brief History of Tel Aviv, Israel

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The Sharon Hotel, Herzliya, which opened in December , the year Israel declared its independence, was planned to operate during the spring and summer only, the idea being to have it staffed and managed by a northern Dead Sea hotel. However, since the Dead Sea hotel was located in an area that was no longer under Israeli control when the War of Independence ended, its managers moved to the Sharon, which began to operate all through the year - adding an outdoor swimming pool some years later and opening up its lawn area for the pleasure of guests. Even before the Sharon's pool was inaugurated, its Herzliya neighbor, the Dan Accadia, with its spacious lawns, outdoor pool and cinema hall, was drawing guests with a concept built on an experience that was in fact, Israel's first resort hotel. The hotel's need for trained staff gave rise to the Tadmor Hotel in Herzliya, part of a complex that also includes the Tadmor School of Hospitality. In Ramat Gan too, the Kfar Maccabiah Hotel developed as part of a concept first built around huts and a dining room set up on the grounds of the headquarters of the Maccabiah Games, Israel's Jewish Olympics, to house and feed Jewish athletes every four years, that come to Israel to compete in the games.

In Tel Aviv, which saw Sheraton as its first international brand, in the early s, the Sheraton brand was moved to a new seafront property not far away, built on the site of the Red House , where efforts in pre-State Israel had been coordinated to smuggle in illegal Jewish immigrants.

The Dan Tel Aviv, just south of the current Sheraton, which was developed in the s from the old Kate Dan, a small pre-State seaside hotel, and on land adjacent to it, was the first property in the city planned to accommodate the needs and pleasures of upmarket tourism.