The company’s 91-room TIME Moonstone Hotel Apartments in Fujairah, the 99-room TIME Burj Al Saadah Hotel Apartments in Sharjah and the four-star TIME Asma Hotel in Al Barsha, Dubai, will open in the UAE this year.
In Saudi Arabia, TIME will assume the management responsibility of two boutique hotels in Riyadh. These hotels are TIME Elite Suites in Al Muruj and TIME Express Olaya Hotel in Olaya district Saudi capital.
This year, the company will also open the five-star TIME Coral Resort in the Red Sea resort of Nuweiba and the four-star TIME Marina Hotel & Conference Centre on the Mediterranean coast in Egypt.
TIME Marina Hotel is expected to commence services in August. TIME Coral Resort is already operational with the property’s re-branding and opening under TIME’s management set to take place this summer.
Additionally, the TIME brand will open its first property, the 120-room TIME Phoenix Hill, on the Indian Ocean island of Mauritius.
This 11-floor deluxe hotel apartment property will feature one, two and three-bedroom apartments, meeting rooms and cafe or lounge.
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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.
“We currently have 14 properties consisting of 1,465 keys in operation across the UAE and wider GCC with new additional properties opening this year in Dubai, Sharjah, Fujairah, Saudi Arabia and Egypt. In 2022, we are opening another property and our first hotel in Mauritius, the 120-key TIME Phoenix Hill.
“Our goal is to expand our portfolio to 30 properties by 2025.”