NEW TI’ME HQ TO DRIVE REGIONAL EXPANSION
New hotels in Luxor, Qatar, Abu Dhabi and Ajman takes group portfolio to eleven properties; new HQ in Dubai and regional office in Cairo aim to support further expansion plans
TI’ME Hotels Management, has added another three locations to its rapidly expanding portfolio of local and regional properties with new openings planned over the next 18 months in Luxor, Qatar, Abu Dhabi and Ajman.
In total the growing mid-scale TI’ME group, now consists of 11 properties in three countries, totaling 1,245 rooms.
“Demand for modern, well managed and competitively priced accommodation is rising in all of the major resorts and cities throughout the region. In this respect local independent hospitality brands are more readily accepted in the value chain. We have a grassroots understanding of the regional markets, our overheads are modest and we are flexible when it comes to respecting an owner’s aspirations,” said Mohamed Awadalla, CEO, TI’ME Hotels.
In Luxor TI’ME is to manage the 154 bedroom TI’ME Tut Hotel, comprising of 116 standard rooms and 38 suites. The hotel has four dining outlets, gym, swimming pool and meeting facilities and is situated in a secluded suburb along the banks of the Nile, close to the town centre and the spectacular Luxor Temple. The hotel is due to be handed over later this year.
In the UAE, TI’ME is opening a further two properties in Abu Dhabi and Ajman. The 42-storey Al Jawhara TI’ME furnished apartments is scheduled to open in 2015. The new-build property will feature 265 studio and one-bedroom furnished apartments with facilities including a health club with swimming pool, all-day dining restaurant, retail space and basement car park.
The TI’ME Capital Hotel Apartments situated in downtown Ajman is due to be handed over in March 2014. It has 120 apartments and will feature a restaurant, coffee shop and gym.
The nine-storey TI’ME Rako Hotel will be located in the rapidly emerging industrial belt of Wakra, close to the capital, Doha and is set to open in mid-2015. The 114-room property will feature a grand lobby, two restaurants including one all-day dining outlet, banquet space with capacity for 500 guests, a gym, rooftop swimming pool and sauna along with individual male and female treatment rooms, several retail outlets and 460-square metre penthouse suite.
To support TI’ME’s expansion plans further, the company has recently moved to new offices in the Garhoud area of Dubai, close to Dubai International Airport.
“The entire executive management team at TI’ME is now consolidated into a dedicated single space, which will improve our operational efficiency,” commented Awadalla.
The new head office covers 360 square metres on the fourth floor of the Al Fattan Plaza the home of Dubai Government’s Department of Tourism, Commerce Marketing, strategically positioned next to Dubai International Airport. The offices contains 21 staff members which includes operational departments such as IT, Food & Beverage and Engineering and Human Resources. It also has a reservations department as well as a sales and marketing department.
“We are also in the final stages of acquiring office space in Cairo, which will be operational by 1st March. The office will serve as a platform to support our sales and marketing efforts in Egypt, both inbound and outbound business, as well as our expansion plans for more properties in Egypt,” added Awadalla.
About TIME Hotels Management:
TIME Hotels Management is well-capitalised with significant management expertise and has ambitions to evolve into one of the leading hospitality businesses in the UAE.
TIME currently manage the following properties:
- TI’ME Oak Hotel & Suites in Al Barsha, Dubai
- TI’ME Grand Plaza Hotel in Al Qusais, Dubai
- TI’ME Opal Hotel Apartments, Dubai
- TI’ME Crystal Hotel Apartments, Dubai
- TI’ME Topaz Hotel Apartments, Dubai
- TI’ME Ruby Hotel Apartments, Sharjah
- TI’ME Pearl Residences, Abu Dhabi