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UAE’s TIME Hotels to open properties in Saudi, Egypt, Mauritius
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UAE’s TIME Hotels to open properties in Saudi, Egypt, Mauritius

Company to escalate portfolio to 30 properties by 2025, with openings organized for the Middle East and the Indian Ocean in the next 18 months.

THE COMPANY’S CURRENT PLAN:

UAE-based Time Hotels has disclosed ambitious plans to enlarge its portfolio to 30 properties by 2025.That will include the opening of 8 new properties beyond the Middle East and the Indian Ocean over the next 18 months.This year, the generous company and hotel operator will open three hotels in the UAE – the 91-key Time Moonstone Hotel Apartments in Fujairah; the 99-key Time Burj Al Saadah Hotel Apartments in Sharjah, and the 232-room Time Asma Hotel, in Al Barsha, Dubai, which will have two floors devoted entirely to female travellers.

Time is scheduled to open its first two hotels in Egypt later this year – the five-star Time Coral Resort Nuweiba in the Red Sea resort of Nuweiba and the four-star Time Marina Hotel & Conference Centre near Al Alamein on the Mediterranean coast.

TIMES PRESENT HOLDINGS:

TIME Hotels presently has 14 properties incorporating1,465 keys in operation beyond the UAE and wider GCC region.Time has also been active in Saudi Arabia and will shortly take over the management of two boutique hotels in Riyadh, the Time Elite Suites in Al Muruj and the Time Express Olaya Hotel in the Saudi capital’s upmarket Olaya district.

TIME Hotels CEO Mohamed Awadalla said: “Our pipeline of hotels and residences will meet the demands of the ‘new normal’ – attracting overseas digital nomads and local visitors for staycations, as well as more traditional business and leisure segments by consistently offering a value-driven, high-quality experience across all of our branded properties”.

FURTHER PLAIN OF ACTION: In addition to the above said, the company has indicated to unveil the openings of planned eight hotels by 2022 during the Arabian Travel Market 2021, which will be organized at the Dubai World Trade Centre.

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