Israel: Food Service - Hotel Restaurant and Institutional

  |   Attaché Report (GAIN)   |   IS2024-0025

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Israel: Food Service - Hotel Restaurant and Institutional
Since October 7, 2023, the hotel, restaurant, and institutional industry has faced severe challenges as a result of the regional conflict. A significant decrease in tourism caused many hotels and restaurants to suffer, and some to completely shut down (especially along the Israeli borders). However, some hotel revenue was maintained from domestic tourism and government payments for evacuees. While the restaurant market was significantly impacted due to an increase in food prices, the institutional market (particularly in the military) increased.
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Near East, Israel

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