Dubai fee waiver for 3 and 4 star hotels
Dubai, September 30, 2013
Dubai has decided to waive the 10 per cent municipality fee for newly developed three and four-star hotels in the emirate, a top official was quoted as saying.
The concession will help the development of more three- and four-star hotels, the Gulf News said quoting Helal Saeed Al Merri, director general of Dubai's Department of Tourism and Commerce Marketing (DTCM).
He added that to double the number of visitors to Dubai by 2020, the number of hotels will need to be doubled.
Al Merri said that municipality fee waiver will last for a period of four years from an initial building permit is granted. "But in terms of operation for hotels we will take an average of two years from once a building permit has been granted,” he said.
Doubling the number of hotels in Dubai is “an area which is of great concern,” Al Merri said. “We want to make sure that hotel prices stabilise and do not continue to go up.”