UAE Business: TIME Hotels plans six new properties in Middle East – Gulf Digital News

  • Date: 27-Apr-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:UAE
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UAE Business: TIME Hotels plans six new properties in Middle East – Gulf Digital News

TIME Hotels, a UAE-based hospitality leader, will showcase a total of six properties including developments in Fujairah, Saudi Arabia, Sudan and three in Egypt at the upcoming Arabian Travel Market in Dubai.

With this, TIME plans to increase its portfolio by 40% to 21 properties throughout the UAE, Saudi Arabia, Egypt and Sudan.

Mohamed Awadalla, the co-founder and CEO of TIME Hotels, said: “Following the challenges of the last two years, we have seen unprecedented demand for additional rooms in key territories in the region. This, combined with our in-depth market research, has underscored the need for new, quality-driven, value accommodation.

“We have witnessed resounding success throughout the UAE, Egypt, and Saudi Arabia, and we feel now is the time to expand for the company's future success. With six new properties, totalling 781 keys, this is an important time for our expansion and growth both regionally and internationally.”

As part of the company’s expansion plans, TIME Hotels will expand its offering in the UAE with the launch of the TIME Moonstone Hotel Apartments in Fujairah, located just 10 minutes from a host of amenities, including Fujairah Mall, City Centre Fujairah, and the Fujairah Corniche.

The 91-key property, which is scheduled to open on 1 May