UAE: Dubai-based operator Time Hotels will add two Time Residence properties to its UAE portfolio of serviced apartments in March.
Time Hotels is launching two properties in Ajman in March: Palm 1 Time Residence will feature 16 apartments for long-stay guests. Located on Hafiz Ibrahim Street, the property is close to the beach and Ajman’s shopping district. This launch will be followed by Palm 2 Time Residence, which will feature 20 extended stay apartments.
“Since launching the Time Residence brand, we have seen the demand for quality and value serviced apartments rise across the region, as business travellers look for a home-from-home environment and leisure visitors especially families, increasingly require room configurations the traditional hotel model cannot always accommodate,” said Mohamed Awadalla, CEO of Time Hotels. “By adapting our flexible business model and service offering, we have created a hospitality brand that will work alongside our hotel presence to provide even greater choice for travellers.”
“The Ajman tourism industry is going from strength to strength and we are delighted to be opening our first property as the work of ADTT to promote the emirate to new markets, begins to provide strong returns. Palm 1 Time Residence will be an important addition to Ajman’s accommodation inventory, providing visitors with even more options for their stay in the emirate, and we look forward to welcoming our first guests,” he added.
Time Hotels currently operates two Time Residence properties in Dubai: Oak Time Residence and Oak Villas Time Residence, all of which target long stay business travellers and families. It also plans to take the Time Residence brand to Fujairah, with the launch of Platinum Time Residence this year.
“Our current pipeline of hotels and residences meets the demands of multiple markets by offering a high-quality hotel or serviced apartment for a market segment that is currently under-represented in the regional market,” said Awadalla.</p
