Economy
Industry in Netanya is largely divided between four industrial parks. In the south of the city, the newest of these houses the first branch of IKEA in Israel as well as much hi-tech industry. Tourism also plays a fairly major part in Netanya's economy with some 19 hotels in the city having 1,452 rooms. On average, this creates some 589 jobs. The hotels had an average occupancy rate of 51.7% in 2006. Netanya's long seashore and many beaches have created a holiday industry, which in turn features resort hotels, restaurants, and malls.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)