12 MONTH CERTIFICATE 4.00% 4.06% First Rate Rates. INTEREST IRATE A.P.Y./ These are fixed rate certificates of deposit that are insured by the Federal Deposit Insurance Corporation (FDIC). A minimum opening deposit and balance of $500.00 is required to obtain the stated A.P.Y. 36 MONTH CERTIFICATE 4.25% 4.31% MEREST RATE A.P.Y./ Call 338-7700 352-7700 60 MONTH CERTIFICATE 5.25% 7ArET, 5.35 0 /0 As" ly Say `Yes' To Israel! FIRST SECURITY SAVINGS BANk "First in Service" Main Office 2600 Telegraph Rd. Bloomfield Hills. MI 48302 * Annual percentage yield when compounded quarterly. Rate is accurate as of 5/27/94. Penalty for early withdrawal from certificate accounts may be assessed. DON'T LET HOUSEHOLD PESTS HOLD YOU HOSTAGE! CALL THE 'ERADICO PROFESSIONALS! EOUAL HOUSING LENDER lOur Old Fur Can Be Remodeled Into A Zip In A nd Out All II 'ember Poplin Coat Eradico's safe and proven methods keep your home free of insects, rodents and other pests. Trust Eradico for an honest assessment of your needs and dependable, affordable service. 4 Cockroaches • Ants • Fleas • Bees • Hornets • Wasps • Rats • Mice and any other pests. For a FREE inspection and estimate, Call Today! m -tarot o n Ai =CONTROL TH E DETROIT J EWIS H NEWS Eradicate IVida &.dko 48 Michigan's Largest Independent Pest Control Company For Service Throughout Southeastern Michigan Call: (313) 546-6200 Mercedes Benz • • • • • • • 17 Years Experience With Mercedes Benz The Best in Personalized Service The Best Price with No Hassle No High Pressure - Only STRAIGHT TALK! Pick-up & Delivery with a Loaner Car From "C" Class to "S" Class - Whatever You Desire! Lease or Buy - New or Used PAUL MILGRIM Gratiot at 8 Mile lb WOOD MOTORS (313) 245-0619 or 372-2600 The average tourist spends 12 days and $1,055 in Israel. Applegate Square • NortImesternliv,y. at Inkster 352-7112 Find It All In The Jewish News Classifieds Call 354-5959 The peace agreement with the PLO has launched a hotel boom in the country. HAIM SHAPIRO SPECIAL TO THE JEWISH NEWS I srael's hoteliers have shown their faith in the peace agree- ment with the PLO by em- barking on an unprecedented spree in hotel takeovers, planning and construction. The spree began at the start of the year and shows every sign of continuing. "I believe in peace," says Yitzhak Teshuva, a real-estate entrepreneur who entered the ho- tel business only two years ago and is now planning a series of hotels and tourist enterprises throughout the country. "I believe there will be real peace soon, and Israel will be among the strangest tourism countries in the world." The Dan Hotel chain, which, with about 2,000 rooms, is the country's largest, is planning to add to the venerable King David in Jerusalem. It is also building a hotel in Eilat which will have more than 400 rooms, and will take over the management of the Pninat Dan, which is being built in the capital near Jaffa Gate. The Moriah chain, which has some 1,800 rooms, is planning a third hotel alongside the Dead Sea. It also recently acquired three hotels from Kupat Holim in Ma'alot, Nazareth and Zichron Ya'acov. Moriah general man- ager Yair Youtzis says there has been a hunt on for hotels all over the country since the signing of the Oslo pact in Washington last September. "We took over the three hotels before the hunt began," Mr. Youtzis says with satisfaction. Isrotel, which has 1,600 rooms, is building a new hotel in Eilat, the Royal Beach. The Caesar chain is planning to double its 550 rooms by building a hotel along the Dead Sea and adding rooms to its hotels in Eilat, Jerusalem and Tiberias. The international Holiday Inn chain, which had no hotels in Is- rael until two years ago, now has six in partnership with the Africa-Israel concern. Israel Hotel Association direc- tor Avraham Rosental says Hol- iday Inn's entry into the Israel market signals the beginning of a trend by other international chains which had previously stayed out of the country. He says the French Accor chain, which specializes in popu- larly priced hotels, also plans to come to Israel. There are also reports that such real-estate and construction firms as Koor, Mario Lesnik and Uri Ofer are contemplating hotel and tourism projects. They are following the lead of Teshuva, whose Paradise chain now has four hotels with a total of some 600 rooms. The chain talks of having 3,000 rooms with- in a few years and some 6,000 by the year 2000. "We have all the plans ready," Mr. Teshuva says. "All we need to do is build." According to the Hotel Associ- ation, there are some 32,500 ho- tel rooms throughout Israel, with expected increases of 1,400 rooms this year and 2,100 in 1995, bringing the total number to 36,000. Mr. Rosental says this is not too many. Even with period- ic slumps in tourism caused by