The 13-floor hotel will be adjacent to the north beach's Herods Palace hotel.
From next March, Wizz Air will operate daily flights on the route instead of the current four flights a week.
Norwegian Cruise Line VP: Israel is in 6th place worldwide in per capital cruise passengers.
Cathay Pacific Israel manager Jonathan Bailey said the carrier was surprised by the strong demand for business class seats on the Tel Aviv - Hong Kong route.
Just two weeks after launching flights to Israel, AtlasGlobal has announced daily flights from December 1.
There are currently no direct flights between Israel and South America.
Three new major hotels have opened in Israel's capital this year.