DUBAI, 11 May 2021: TIME Hotels, the UAE-headquartered hospitality company and hotel operator, will open eight new properties across the Middle East and the Indian Ocean over the next 18 months.

The properties will be officially introduced to travel
buyers during the Arabian Travel Market 2021, which takes place at Dubai World
Trade Centre from 16 to 19 May.

The group currently has 14 properties with 1,465 rooms in
the UAE and wider GCC region with new additional properties due to open this
year in Dubai, Sharjah, Fujairah, Saudi Arabia and Egypt. In 2022, it will open its first hotel in Mauritius, the
120-key TIME Phoenix Hill.

The company’s goal is to expand the portfolio to 30
properties by 2025.

This year, TIME Hotels will open three hotels in the UAE,
the 91-key TIME Moonstone Hotel Apartments in Fujairah; the 99-key TIME Burj Al
Saadah Hotel Apartments in Sharjah and the four-star 232-room TIME Asma Hotel
in Al Barsha, Dubai.

TIME is also active in Saudi Arabia and will shortly take
over the management of two boutique hotels in Riyadh, the TIME Elite Suites in
Al Muruj and the TIME Express Olaya Hotel in the Saudi capital’s upmarket Olaya

The group will also open its first two hotels in Egypt later
this year – the five-star TIME Coral Resort Nuweiba in the Red Sea resort of
Nuweiba and the four-star TIME Marina Hotel & Conference Centre near Al
Alamein on the Mediterranean coast.

TIME Hotels will be exhibiting on stand HC0625 during this
year’s Arabian Travel Market.