The Old Acre Development Company Ltd. was founded in 1967 and is now headed by CEO David Harari.
The Old Acre Development Company is a government company subordinate to the Ministry of Tourism. The Company's aim is to implement the tasks outlined in the Company's statute, namely develop the Old City and make it an international tourist city.
The Company is funded by all government ministries according to its realms of activity.
Its revenues are invested in developing the Old City and marketing it in line with a regional concept featuring accommodation (hotels), tours and visits to the sites and attractions of Acre and the surrounding area. Its revenues are further invested in promoting and initiating the financial aspect required for the city to thrive.
A Visitors and Reservations Center was set up in the Enchanted Garden, which is located in the Northern Anchor at the entrance to Old Acre, as a public service. The Center provides information and can be used to make reservations for accommodation and visits to the various sites in Acre, Western Galilee, Upper Galilee, Haifa, the Carmel Mountain Range and Nazareth.