UAE-headquartered
hospitality company, TIME Hotels Management, will share the latest updates on
its regional expansion strategy with the international tourism and hospitality
industry at this year’s World Travel Market (WTM) exhibition, which will be
held in London from 3-6 November, 2014.
World
Travel Market - the pre-eminent global event for the travel industry - is
an annual business-to-business showcase and platform for global travel trade
networking, and TIME Hotels will once again participate as part of the Dubai
pavilion.
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 residence five-star property, located 14 kilometres south
of Hurghada International Airport, in the upmarket development of Sahl Haseesh,
on Egypt’s Red Sea coast, earlier this year.
“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, TIME Hotels.
 |
| Mohamed Awadalla, |
Located
within the high profile Azzurra project, which is an integral component of a
total 40-million square metre tourism-centric development, the company has high
expectations for the property, which will be supported by the capabilities of its
new Cairo reservations centre.
“Our
annual presence at WTM allows us to meet with key industry partners and
prospective international clients face-to-face; and with our fast track
expansion programme targeting a total of 14 regional hotels by 2016, which is
double our current portfolio, this is a must-attend calendar event as we cement
our position as a successful Middle East-originated hospitality brand,”
explained Awadalla.
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.
“With
government plans to position the emirate as a global medical tourism
destination by 2020 in
full swing, and the Dubai Health Authority (DHA) targeting 500,000 medical
tourists with expected revenues of AED2.6 billion, the TIME Royal Hotel will
fill a distinctive market niche, and we will meet with a number of medical
travel specialists at WTM to discuss future collaboration,” said Awadalla.
“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 Hotels’ pipeline of
hotels includes:
·
Wafi,
Dubai, UAE - TIME Royal Hotel (2016)
·
Luxor, Egypt - TIME TUT Hotel (2015)
·
Hurghada,
Egypt - TIME Renero Resort and Suites
Azzurra (Q4 2014)
·
Doha,
Qatar - TIME Warka Hotel (2015)
·
Abu
Dhabi, UAE - Meera TIME Residence (Q4 2014)
·
Abu
Dhabi, UAE - Zakher TIME Residence (Q4 2014)
·
Abu Dhabi - Jouharaa
Residence (Q1 2016)
TIME Hotels
will be exhibiting on Stand # ME200 at World
Travel Market which is part of the DTCM stand.
