Dubai – Mubasher: TIME Hotels has signed a partnership agreement with Saudi Arabia-based Al Fahd Investments to boost its investments in the kingdom and manage a slew of new medium-sized hotels.
The UAE-based hospitality group is scheduled to open a number of new projects in 2018 and 2019 in the Saudi cities of Jeddah, Riyadh, and other regions, according to Albayan newspaper.
TIME Express Hotels in Riyadh, a debut for the Express brand in the Kingdom, is set to inaugurate in 2019, the regional hospitality firm said.
Medium-sized hotels have a key role in boosting the Saudi tourism sector, TIME Hotels’ CEO Mohamed Awadalla said, giving no further details on the value of the projects.
