Time Hotels strengthens its presence in Egyptian market

Time Hotels emphasized the importance of its cooperation with Nakheel Developments in its “Double Two Tower” project in the New Administrative Capital, a cooperation that enhances its presence in Egyptian real estate market and the New Capital in particular.

The CEO and Managing Director of Time Hotels, Mohamed Awadalla, said that the “Double Two Tower “project is the company’s third project in Egyptian market, and the first in the New Capital, stated, “The presence in the New Capital project was one of the strategic goals of Time Hotels”.

Awadalla pointed out that the New Capital is a national project that comes within the strategic plan of any company operating in real estate market or has a plan to be present in Egypt.

He elaborated that choosing of Nakheel Developments to cooperate in developing its project comes within the Time’s plan to cooperation with successful entities and distinguished projects.

He stressed the company’s interest in choosing administrative structures for all its hotels based on distinguished experience, ability to make decisions, ability to lead, speed, effectiveness and flexibility in decision-making.

“Modern technology is also one of the areas in which the company has distinguished itself through its selection of the latest programmers in centralized reservations, use of electronic distribution and content management, use of internal quality management, use of engineering maintenance system and finally mobile application system in reservations,” He said.

He also pointed out Time Hotels provides its customer special, non-recurring benefits in the New Capital, explained that Time Hotels has won many awards, most notably Time Awards, The World Luxury Awards 2019, and Hotelier Middle East Power 50 – 2020, and Traveler Review Awards – Booking.com 2021.

Sherif El-Domyati, head of Commercial sector at Nakheel Developments, said that his company is focusing on attracting distinguished brands in Double Two Tower in order to take advantage of its location and design. The tower is consist of Administrative, Commercial units as well as branded Hotel apartments.

El-Domyati also added that the project is characterized by achieving a great and guaranteed return on investment in one of the most important vital centers in the New Capital, in front of the iconic tower, and minutes away from the City of Culture and Science and the International Sports City.

He revealed that Time Hotels is a global brand that has a global presence in international tourism platforms, and has a strong spread that facilitates renting the unit to the client, and guarantees its return. Moreover, the client benefits from the outstanding credibility and distinctive reputation enjoyed by both Nakheel Developments and Time Hotel Management.

Time Hotels will provide many facilities and benefits to unit owner which are including 24-hour security, concierge services and catering services, complete maintenance of the building, and possibility of renting units on behalf of unit owner, which bringing a recurring return to the customer. El-Domyati concluded.