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Dubai to support its mid-range hotels

01 Oct 2013

(MENAFN) Dubai emirate pledges to offer financial support for investors of mid-range hotels in the emirate in order to develop them, according to Arabian Business.

Tourism chiefs in Dubai have announced their intention of encouraging investors of mid-range hotels whose hotels are usually funned by luxury offerings.

The emirate will offer a concession on the 10 percent municipality fee which visitors pay on night occupancy depending on the room rate.

“In order to achieve our headline objective of 20 million visitors per year by 2020, we need to both increase the overall stock of hotel rooms in Dubai and widen the range of options for visitors,” said Helal Saeed Almarri, director general of the Dubai Tourism and Commerce Marketing (DTCM).

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