TIME Hotels keenly eyeing Republic of Tatarstan for investment

TIME Hotels

Eager to broaden its scope, UAE-based TIME Hotels is targeting investment opportunities in the Republic of Tatarstan.

CEO, TIME Hotels, Mohamed Awadalla was recently invited by the State Committee on Tourism of the Republic of Tatarstan to meet and discuss potential hospitality investments in the region’s capital city of Kazan.

During his visit, Awadalla met with President of the Republic of Tatarstan, Rustam Minnikhanov; chairman, State Committee on Tourism of the Republic of Tatarstan, Sergey Ivanov; first deputy chief executive, Government of the Republic of Tatarstan and Tatartstan Investment Development Agency, Insaf Galiev; and Member of Tatarstan Government, Russian Federation and CEO, Tatarstan Investment Development Agency, Taliya Minulina.

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Following this, Awadalla then met with the Mufti of Tatarstan, Kamil Hazrat Samigullin, to discuss halal tourism and potential hospitality investments.

Awadalla commented: “With more than one million visitors per year and rising, the Republic of Tatarstan is one of the fastest growing tourist destinations in Russia and is an ideal location to continue our international expansion of the TIME Hotels brand.”

Renowned for its sports infrastructure and beautiful architecture, including the Kazan Kremlin, a UNESCO world heritage site, Tatarstan is growing in popularity as a summer destination due to its impressive calendar of summer festivals, including the annual opera spectacular, which attracts an array of world-class performers.

“Rich with culture, fine arts and over 1,000 years of history as well as boasting a cutting-edge culinary scene plentiful with halal-friendly options, Tatarstan not only caters to the needs of GCC travellers but is also within very easy reach with two direct flydubai flights per week from the UAE,” Awadalla concluded.