The Buzz Magazine
The Buzz Magazine

TIME to open its first two hotels in Egypt

TIME to open its first two hotels in Egypt
TIME to open its first two hotels in Egypt

UAE-based TIME Hotels to reflag five-star 203 key hotel on Red Sea coast and open 130 key four-star hotel on Egypt’s Mediterranean coast later this year

Dubai, United Arab Emirates,22 March 2021:UAE-based TIME Hotels will be opening its first two hotels in Egypt later this year –the five-star TIME Coral Resort Nuweiba in the Red Sea resort of Nuweibaand the four-star TIME Marina Hotel & Conference Centre near Al Alamein on the Mediterranean coast, which is being hailed as Egypt’ssecond capital

During a recent visit to check on the progress of the hotels, Mohamed Awadalla, CEO, TIME hotels commented: “Work is proceeding well at our TIME Marina Hotel and that property should be ready to open in August

As for the TIME Coral Resort, that hotel is already open and operating, so it is only a case of re-branding the hotel and opening under our management this summer

“These hotels are our first in Egypt and will broaden our footprint from the Gulf to the Mediterranean, with 16 properties situated in UAE, Doha, Saudi Arabia and now Egypt, with a further five in the pipeline”

The 130-room TIME Marina Hotel & Conference Centre is situated just ten minutes from New Al Alamein City on Egypt’s Mediterranean coast and can accommodate more than 350 delegates theatre style and also features a rooftop lounge, a restaurant, coffee shop, gym and pool

“This hotel is ideally placed to service the enormous number of corporate companies that are basing their operations here, some new, some relocating from Cairo, as well as an increasing amount of general commercial activity

The city will eventually be built across 50,000 acres in three stages, stretching for 60km away from the coast, attracting an estimated three million residents,” added Awadalla

The five-star 203-key TIME Coral Resort Nuweiba, is situated in the Red Sea resort of Nuweiba on the eastcoast of the Sinai peninsula, approximately 140km from Sharm El Sheikh

Overlooking the Gulf of Aqaba, the hotel features three restaurants and bars with extensive gardens and palms with a private sandy beach, ideal for diving enthusiasts

“This beautiful resort hotel is perfect for those looking for complete relaxation in unspoilt and tranquil surroundings. We believe it has tremendous potential for the leisure market

It is only 90 minutes’ drive from the international airport at Sharm El Sheikh
It is only 90 minutes’ drive from the international airport at Sharm El Sheikh

It is only 90 minutes’ drive from the international airport at Sharm El Sheikh and only 70-100km fromTabaInternational Airport and Eilat (Ramon International Airport)

Plans are already afoot to develop the area sympathetically, with craft shops, restaurants, bars, Bedouin heritage centres, desert safaris and a diving centre

“Nuweiba is very popular with Israeli visitors, particularly seniors, as well as Egyptians, many looking to get away from the hustle and bustle of Cairo. We will focus on these markets as well as encouraging charter operators, once the current global travel restrictions start to ease,” added Awadalla

Although the global tourism sector has almost ground to a halt in terms of international arrivals, domestic tourism has ballooned in many countries such as the UAE, and Egypt has been no exception

Its exceptionalresilience was borne out by the latest figures from international research and consulting firm Colliers

According to their latest forecast. Alexandria will finish 2021 with 62% average occupancy, with Cairo behind on 41%. However, that will be a 50% increase compared with the full year 2020

In Sharm El Sheikh, which is far more dependent on foreign tourists, will finish 2021 on 35% average occupancy, again a 50% increase over the previous year

“Egypt is ready to bounce back as soon as international borders open again and international flights resume, especially after the opening of the largest museum in the world in Cairo, which will definitely be one of the country’s biggest tourist attractions

the vaccine rollouts in some of Egypt’s key source markets will undoubtedly
the vaccine rollouts in some of Egypt’s key source markets will undoubtedly

In addition, the vaccine rollouts in some of Egypt’s key source markets will undoubtedly bring optimism and confidence back to its tourism sector,” said Awadalla

For more information, please log onto http://www.timehotels.ae/    

:Photo caption

Image 1: Mohamed Awadalla, TIME Hotels’ CEO, met with His Excellency FaroukHosny,Egypt’s former Minister of Culture during a recent business trip to the country, where they discussed recent developments in Egypt’s tourism sector and ways of cooperation moving forward

Image 2: Mohamed Awadalla, TIME Hotels’ CEO andMostafa Ahmed Abdelsalam Aly, owner of TIME Marina Hotel & Convention Center, discussing the property’s pre-opening progress

Image 3: Mohamed Awadalla, TIME Hotels’ CEO, together with TIME Hotels’ Corporate Executive team during a recent trip at thecompany’s new project in Sinai, Egypt to meet with the owners

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