Leonardo DiCaprio’s $100 Million Luxury Hotel in Israel: What You Need To Know About It

Leonardo DiCaprio is stepping into the hospitality business with a new luxury project in Israel but not everyone might be on board with the idea.

leonardo dicaprio’s $100 million luxury hotelCredit: Background image by Michael Plutchok, licensed under CC BY-SA 3.0, via Wikimedia Commons

Leonardo DiCaprio is taking his portfolio to another level as he secures the deal for a luxury hotel to be built in Israel.

The reported $100M hotel will be built in the Herzliya Marina, and per The Jerusalem Post, it is mainly owned by the Hagag Group and brothers Ahikam and Lior Cohen.

As for DiCaprio, he owns a 10% stake in the project.

The Tel Aviv District Planning and Building Committee has finally approved the construction, while the partnership was first reported back in 2018.

If you are wondering why it took so long for the project to be approved, TJP states that the delay is due to the Hagag Group and their request to increase the hotel’s building rights.

This takes the hotel from the initial 10,000 square meters to a whopping 51,000 square meters.

Thanks to this, the hotel is expected to have a total of fourteen floors and 365 rooms.

To top it all off, an underground parking space worth 8,000 square meters has also been approved for construction.

Leonardo DiCaprio’s Hotel Is Environment-Friendly

Leonardo DiCaprio standing on a yacht in 'The Wolf of Wall Street'
Leonardo DiCaprio in ‘The Wolf of Wall Street‘ (2013) | Credits: Paramount Pictures

Alright, it is no secret that Leonardo DiCaprio is an environmentalist with projects made for the benefit of the world, including the Leonardo DiCaprio Foundation, an NPO that is devoted to promoting environmental awareness.

He even urged Bill Clinton to take action on climate change.

Naturally, any project he takes on is expected to keep the betterment of Planet Earth in consideration, and the upcoming hotel is no exception to the rule.

The reported $100 million hotel is set to meet U.S.

Green Building Council standards as well as acquire LEED (Leadership in Energy and Environmental Design) certification.

As per JFeed, it is said to be one of the most sustainable hospitality ventures of all time.

DiCaprio said back in 2018,

Green environmental development is a significant part of building communities that work in partnership with nature and not against it.

As we seek to create a future that heads off the most severe effects of climate change, we need projects that push for new developments in environmental design.

That being said, the hotel will not cut back on luxurious amenities, and will include a central pool, conference center, an upscale restaurant, retail spaces, and will even have direct yacht access.

It is designed by Ranni Ziss Architects.

Leonardo DiCaprio Faces Backlash Over the Project
Leonardo DiCaprio with a frown on his face in 'Killers of the Flower Moon'

Leonardo DiCaprio in ‘Killers of the Flower Moon’ (2023) | Credits: Paramount Pictures

As the actor sets out for the new venture, social media is not happy with the news. Sure, there are a handful who are looking forward to seeing where this goes, but the majority seems to be against DiCaprio’s decision when it comes to building a hotel in Israel.

From hoping the project crashes to calling DiCaprio tone-deaf given the situation of the world at the moment, netizens seem to be quite disappointed by the move.

Check it out:

DiCaprio-linked luxury hotel at Herzliya Marina gets building approval |  The Times of Israel

That’s not all. There are some who are even pledging to boycott his movies in the future if the plan follows through. He was also called out for creating a luxury yacht hotel despite claiming to be a climate activist.

Israeli luxury hotel project partnering with Leonardo DiCaprio gains  approval

Well, it looks like the actor’s dream project is going to be under a ton of security for months to follow.

Whether the backlash will impact the hotel’s growth and business remains to be seen.

All eyes are on DiCaprio as he and others try to balance luxury, sustainability, and controversy in one of his most ambitious projects yet.

What are your thoughts on DiCaprio’s latest project? A bold step or a misstep in timing? Join the conversation and let us know where you stand!