The Jerusalem Waldorf Astoria Hotel is located on the corner of Agron and David Hamelech Streets in a building that housed the Arab owned luxury Palace Hotel in the 1920s. The building was purchased in 2006, renovated but has retained the facade of the beautiful Palace hotel. It is designed around an inner courtyard of pale Jerusalem stone along with the signature grandfather clock, which features in Waldorf Astoria hotels around the world. This first Waldorf Astoria in Israel has 227 rooms and a residential wing with 30 luxury apartments. It was opened in 2014.
The David Citadel Hotel is a luxury hotel on King David Street which hosts VIPs, political leaders, business moguls and celebrities, competing with the nearby King David Hotel and the new Waldorf Astoria for the title of 'Jerusalem's flagship hotel'. Designed by Moshe Safdie rising 10 stories high with 384 rooms and suites. It has terrace style suites that overlook the Old City and the Tower of David.