Не са необходими цикли, рекурсивни CTE или таблица с числа.
DECLARE
@start TIME(0) = '11:00 AM',
@end TIME(0) = '2:00 PM';
WITH x(n) AS
(
SELECT TOP (DATEDIFF(HOUR, @start, @end) + 1)
rn = ROW_NUMBER() OVER (ORDER BY [object_id])
FROM sys.all_columns ORDER BY [object_id]
)
SELECT t = DATEADD(HOUR, n-1, @start) FROM x ORDER BY t;