Great news for tourists and visitors! Authorities in Sharjah have launched a regulatory framework for the emirate’s ‘Holiday Homes Project’.
Sharjah residents who wish to rent out places they own as holiday homes to tourists and visitors can do so with the help of the project as aims to offer an official framework of facilitation and control.
The residential units can be rented out on a rotational basis, according to the terms and standards approved by Sharjah Commerce and Tourism Development Authority (SCTDA)
According to estimates, the first year of the project will see the registration and licensing of 150 holiday homes. Currently there are over 300 holiday homes in Sharjah.
The holiday homeowners will be given three months to complete the documentation process. About 15 operating companies will be involved in the process.
Khalid Jasim Al Midfa, Chairman of SCTDA, said: “With Sharjah Tourism’s Holiday Homes project, the emirate’s aspirations to continue advancing this sector has crossed a meaningful milestone, as the initiative not only introduces an innovative new service to the tourism landscape but also puts Sharjah’s homeowners at the forefront of benefiting from a drive that is poised to drive more visitors from around the world to the emirate.”
“Through the Sharjah Tourism’s Holiday Homes Project, we seek to maximise visitor experience by ensuring high-quality classification standards and offering additional staycation options across the emirate of Sharjah. It will further strengthen cooperation between the Authority and the providers of holiday homes by developing a system of legislation and regulations. This will contribute to diversifying the sources of growth for the hospitality sector.”
This is a big stepping stone and will immensely benefit everyone involved.
