UAE-based TIME Hotels Management will share the latest updates on its regional expansion strategy with the international tourism and hospitality industry at next week’s World Travel Market (WTM) exhibition.
Leading TIME’s focus will be the December 2014 opening of its new Egypt property. The company was awarded the management contract for this existing 86-guestroom and 399-unit property, located in the upmarket development of Sahl Haseesh, on Egypt’s Red Sea coast.
“The TIME Renero Resort and Suites Azzurra will open under our banner in a matter of weeks, and not only does this broaden our reach across the region, but it also widens the appeal of the TIME brand, adding our first beach resort to our portfolio,” said Mohamed Awadalla, CEO of TIME Hotels.
TIME also has a new business property under development in the Qatari capital, Doha, and recently signed a 277-room five-star Dubai hotel, which will be located in the Wafi-Healthcare City area.
“Our 2015 strategy is linked to our corporate vision, which is to take a local brand and build it to be a major player within the region, with international standards of service and hospitality, and we are looking forward to sharing our vision and plans with the global travel industry in London next month,” remarked Awadalla.
TIME’s current pipeline includes one property in Dubai, one in Doha, two in Egypt, and three in Abu Dhabi, all set to hit the market by end 2016.
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