The operation's objectives were then changed to the Manshiya Neighborhood Youth Club and the Tel Aviv Opera Building.

The attackers were told to take hostages, then demand the release of Palestinian prisoners, as well as air transport out of Israel to Damascus.

[5] On the night of 6 March 1975, eight Palestinians in two boats landed on the Tel Aviv beach at the foot of Allenby Street.

Private Moshe Deutschmann, a soldier from the Israeli army's Golani Brigade who was on home leave at the time, grabbed his weapon and ran to the hotel after hearing gunfire.

Red Magen David ambulance crews were administering first aid to wounded civilians on the sidewalks and gutters.

Looking out to sea, the blinding light of magnesium flares revealed naval patrol boats cruising just off the beach.Israeli security forces conducted negotiations with the militants.

Early the next morning, the Israeli counter-terrorism unit Sayeret Matkal stormed the hotel, killing seven of the perpetrators and capturing the eighth.

A few hours after the rescue operation, the boat that had transported the militants was captured on the high seas by the Israeli Navy.

[8] Members of the Palestinian squad included Mousa Jum’a at-Tallaqa the sole survivor, Khadr Ahmad Jaram (squad commander), Omar Mahmoud ash-Shafi’i, Ahmad Hamid Abu Qamar, Abdallah Khalil Abdallah Kulaib, Muhammad Diya’ed-din al-Helwani, Mousa al-Abd Abu Tharya, and Nayif Najd Isma’il as-Saghir, who were all killed by the Israeli troops.

In August 2012, it was reported that the Ramallah municipality approved the construction of a mausoleum to honor the eight Palestinians who were involved in the attack (the vote was initially reported by the PA daily newspaper Al-Hayat Al-Jadida and subsequently translated into English by Palestinian Media Watch).

[11] Fatah caused a controversy in April 2021 after its Nablus branch reportedly made a Facebook post promoting the attack, incorrectly stating that "between 50 to 100" IDF soldiers were killed.