Time Hotels targets over 2,000 rooms in Egypt within three years as part of global expansion
Time Hotels Management has announced an ambitious expansion strategy with a strong focus on the Egyptian hospitality market, aiming to manage more than 2,000 hotel rooms in Egypt within the next three years. The plan is part of the company’s broader regional and international growth drive, according to Mohamed Awadalla, CEO of Time Hotels.
Speaking to Daily News Egypt, Awadalla said the group currently manages 17 hotels with a total of 3,000 rooms across six countries: the UAE, Saudi Arabia, Egypt, Qatar, Morocco, and the Maldives. In addition to its existing portfolio, Time Hotels has 14 new properties under development in Saudi Arabia, Morocco, Egypt, Russia, Tanzania, and Mauritius.
In Saudi Arabia, the company is developing three hotels in Dammam, Al Khobar, and Riyadh, with a combined total of approximately 600 rooms. Construction of the Time Al Khobar Hotel has been completed and the opening is scheduled for early next year, while the hotels in Riyadh and Dammam are expected to open in early 2027. These will add to the company’s existing presence in the Kingdom, where it already operates two hotels in Makkah and one in Dammam.
In Egypt, Time Hotels currently manages five properties, including three in the New Administrative Capital, one in Luxor, and one on the North Coast.