the most expensive hotel will build in Sheraton beach in Tel Aviv
David Taig/Tage (טייג) wanted to build this hotel 30 years ago but his project doesn't approved after 30 years his sonHenry Taig proposed this project and it's approved...
Henry said soon he is going build another hotel (second one) with 350 rooms in the parking of his area!!!

(the link in russian)
http://www.votpusk.ru/news.asp?CN=IL

where is ex Palace hotel?

kempinsky? what chain is this?

Kempinski is one of the most expensive hotels...

never heard of them.. I think there is one hotel in aqaba of kempinsky opening that I heard, strange

http://www.kempinski.com/en/index.htm

ok..

so where is Palace hotel in Tel Aviv...?

huh?

they are going to build a new hotel instead of ex Palace hotel...