The UAE-based hospitality company will own a portfolio of 21 real estate properties across the UAE, Saudi Arabia, Egypt and Sudan by 2023
The company will outline its ambitious expansion plans next month during the Arabian Travel Market 2022
Dubai, UAE: UAE-based hospitality company Time Hotels Group has unveiled ambitious expansion plans to increase its portfolio by 40% to reach 21 properties across the UAE. Saudi Arabia, Egypt and Sudan.
On this occasion, Mohamed Awadallah, CEO of Time Hotels Group, said: “We have witnessed an unprecedented demand for additional hotel rooms in key areas of the region after the challenges of the last two years, and this together with our market deepened. research has confirmed the need to open new high-quality hotel facilities to meet compressed demands.
Awadallah added, “We have witnessed the tremendous success of our hotels spread across the UAE, Egypt and Saudi Arabia, and now we think it is time to expand on the company’s future success by opening 6 hotels. new, with a total of 781 rooms. “This is a very important time and it plays a crucial role in our expansion and growth both regionally and internationally.”
As part of the company ‘s expansion plans, TIME Hotels will expand its portfolio in the UAE with the opening of TIME Moonstone Hotel Apartments in Fujairah, located just 10 minutes away from a range of amenities.
Leisure and comfort, including Fujairah Mall, Fujairah City Center and Fujairah Corniche. The hotel will have 91 serviced apartments scheduled to open on May 1, 2022, including 13 one-bedroom apartments and 76 two-bedroom apartments, an all-day restaurant and a lounge, fully equipped gym, sauna and steam room.
The company will also expand into Egypt with the opening of three new hotels, including the TIME Marina Hotel and Conference Center located just 10 minutes from the new city of El Alamein on Egypt’s Mediterranean coast and consisting of 117 rooms on the north coast. which is expected to open later in the second quarter of 2022, the hotel will have three restaurants, one of which is an Italian restaurant, in addition to a rooftop lounge, café, gym, spa and 750 square meter swimming pool. The hotel also has a conference center that can accommodate 700 people.
TIME Hotels will also officially open the five-star TIME Coral Resort Nuweiba in the third quarter of 2022, as the resort is located on the Red Sea in Nuweiba on the east coast of the Sinai Peninsula, about 140 km from Sharm El Sheikh, and this resort overlooks from the Gulf of Aqaba and contains 120 hotel rooms, and consists of three restaurants with spacious gardens and palm trees with a private sandy beach, swimming pool and children’s facilities, and is an ideal place for diving enthusiasts.
TIME Hotels will also open TIME Nakheel Deluxe Hotel Apartments in Egypt, located in the New Capital and consisting of 216 hotel apartments and is scheduled to officially open in the first quarter of 2023.
TIME Hotels has also unveiled its plans to open the 57-room up-to-date Time Express hotel in Saudi Arabia in the Saudi capital, Riyadh. The Riyadh Hotel will include a restaurant, a range of recreational facilities, a rooftop terrace with a dedicated bottle area and numerous dining options.
TIME Hotels will also register for the first time its presence in the Sudanese market through the opening of the TIME Ahlan Apartments in the Sudanese capital, Khartoum. The hotel, consisting of 57 hotel apartments, will feature a café, meeting rooms, a roof. terrace, a swimming pool, a gym and a juice bar.
Awadallah concluded: “This is an exciting time for the tourism industry in the region and offers a host of opportunities for TIME Hotels, not only in relation to these openings, but with our plan to open more hotels in the future. We have strategically developed a brand portfolio Within our portfolio to offer our friends exactly what they want and need, ideal conditions for a holiday, business trip or special short break. ”
TIME Hotels will participate in the Arabian Travel Market 2022 at booth HC0620.
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About Time Hotels:
Founded in 2012, TIME Hotels Group currently has 15 serviced hotels and apartments with a strong focus on developing its business and fostering the rapidly growing TIME portfolio in the MENA region.
Time Hotels witnessed the debut of the new Time Express brand with the opening of a new hotel in Sharjah in February 2020.
In 2021, TIME Hotels opened its 45 hotel apartments, TIME Al Morouj, in Saudi Arabia. Further extensions of the group include the development of the TIME Hotels brand, which will provide a contemporary guest experience that combines sleek design, simplicity and comfort.
Time Hotels Group aims to strengthen its presence in the UAE, Gulf Cooperation Council and Egypt through the opening of 6 new hotel facilities.
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