Sharjah’s new ‘Holiday Homes Project’ set to diversify economic growth ...United Arab Emirates

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Sharjah’s new ‘Holiday Homes Project’ set to diversify economic growth
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 26
Sharjah Commerce and Tourism Development Authority (SCTDA) has announced a new regulatory framework – Sharjah Tourism’s ‘Holiday Homes Project’. This will offer an official framework of facilitation and control to Sharjah residents wishing to rent out their accommodation as holiday homes to tourists and visitors. According to the terms and standards approved by SCTDA, the residential units can be rented out annually, in rotation. The idea of the project is to successfully develop an official facilitation framework in line with international best practices for the operation of holiday homes; these homes will then be registered under a unified umbrella and database. In June 2022, Big Project M

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