TI'ME to open in Ajman, Luxor, Qatar and Abu Dhabi
Property portfolio to increase to 11 as well as new Dubai headquarters
TI’ME Hotels Management will open properties in Ajman, Luxor, Qatar and Abu Dhabi over the next 18 months, taking the group portfolio to 11 properties.
The hotel group said a new head office in Dubai and regional office in Cairo will drive expansion plans.
This year, the mid-scale TI’ME group will take over the management of the 154 room TI’ME Tut Hotel in Luxor, Egypt as well as the TI’ME Capital Hotel Apartments in Ajman, UAE, with 120 apartments due to be handed over in March.
In 2015, the 42-storey Al Jawhara TI’ME furnished apartments will open in Abu Dhabi, and in Qatar the nine-storey TI’ME Rako Hotel will open its doors in the industrial belt of Wakra, close to Doha.
TI’ME Hotels CEO, Mohamed Awadalla, said: “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.”
TI'ME said its new head office covers 360m2 on the fourth floor of the Al Fattan Plaza, the home of Dubai Government’s Department of Tourism, Commerce Marketing.
Additionally, the company is in the final stages of acquiring office space in Cairo, which is due to become operational by 1 March. The office will serve as a platform for supporting sales and marketing in Egypt and expansion plans for the area.
TI’ME Hotels Management recently marked its first foray into the Abu Dhabi market with the opening of the 72-unit TI’ME Pearl Residence.