TIME lands Luxor hotel management contract
Hotelier Middle East Staff
May 3rd, 2012
TIME Hotels Management (TIME), has signed a contract with Edris Group – a major Egyptian-based travel and tourism company – for the management of the Tuthotel property in Luxor, Egypt.
The boutique establishment has 79-rooms, and TIME will oversee a complete refurbishment of Tuthotel’s infrastructure, adding 82-rooms – to take its total inventory to 161-rooms and upgrading it to deluxe four-star status in line with international standards.
The former Edris-managed hotel will now trade under the name ‘TIME Tuthotel’. Edris group still own the property, which, after extensive renovation, is expected to be fully-operational by the end of this year.
Assistant managing director of Gulf General Investment Company (GGICO) – owner of TIME –Mohamed Al Mazroei, said he was thrilled to be signing a contract “that promises so much for our young company”.
“This auspicious announcement confirms our strong-minded and positive approach to our expansion plans for the Middle East, and demonstrates our commitment to providing our guests with the very best accommodation options in the region,” he added.
Chairman of Edris Group, Ahmed Edris said he was looking-forward to working with TIME.
“I’m really optimistic about the future of the Tuthotel property now that its management is in the hands of TIME, which in my opinion, is one of the most ambitious brands in the Middle East hospitality industry,” he asserted.