Abu Dhabi – Decypha: Time Hotels, a UAE-based hospitality company, is set to open ten new properties in the Middle East before the end of 2018.
The properties, a combination of hotels and serviced apartment complexes, will be across the UAE, Saudi Arabia, Qatar, and Egypt. With the expansion plan, the company will have 17 properties in its portfolio, Albawaba reported.
“Our current pipeline of hotels and residences meets the demands of multiple markets by offering a high-quality stay across our brand portfolio,” said Mohamed Awadalla, chief executive officer of Time Hotels.
“Since launching the TimeResidence brand, we have seen demand for quality and value from the residential apartments, supported with facilities, which have added value across the region. Business travellers often look for a home-from-home environment, and leisure visitors, especially families, look for less formal hotel accommodation,” added Awadalla.
In Dubai, the company plans to open three additional hotels, Time Asma Hotel, Time Express Hotel Al Jaddaf, and Time Royal Hotel & Spa.
Saudi Arabia will see 3 new hotels, a 61-unit Time Beach Villas Resort in Jeddah, a 137-key four-star Yasma by Time Hotels and Resorts in Qurayyat, and Yasma by Time Express Hotels in Riyadh.
The first hotel in Qatar by the hospitality company will be Doha. A 102-key property, Time Rako Hotel is scheduled to open in the third quarter of this year.
Furthermore, Times Hotel plans to open a Hotel in Egypt in 2018.
“It has been a busy year for Time Hotels with a raft of properties announced; several of them [are] due to come online within the next 12 months,” Awadalla commented. “We have been very strategic with our openings by identifying and assessing the demand within the market, and implementing the most suitable brand from the Time portfolio to best match customer demand.
Time Hotels launched Palm 1 Time Residence in Ajman last February and plans to launch Fujairah’s Platinum Time Residence by the end of this year.
By Decypha News Editorial Team
