Airbnb Is Finally Legit In The Arab World’s Most Visited City

 In Innovate

Dubai’s Tourism Vision for 2020, which aims to welcome 20 million tourists to Dubai and generate Dhs300 billion in tourism revenues annually by 2020, has put the emirate in full gear trying to create attractive accommodation options for its visitors.

Other than supporting mid-market and budget hotels, Dubai is now finally also exploring the sharing economy. A first move in this direction has come from Dubai’s tourism department, which has signed an agreement with Airbnb to help people rent out their homes to visitors.

The memorandum of understanding (MoU) between Dubai’s Department of Tourism and Commerce Marketing DTCM and the bookings websiteis geared towards promoting private rental of holiday homes, while ensuing that premises are let in compliance with the law of the emirate.

This comes shortly after DTCM issued new regulations at the end of April that govern the leasing of holiday homes in Dubai.

The new regulations ask that private homeowners apply for a holiday home license without the need to go through an approved Dubai Tourism operator, provided they meet certain criteria.

Moreover, tenants renting a property can also lease their accommodation as a holiday home with a short-term permit, provided that they first obtain a “no objection” certificate from their landlord and meet all DTCM requirements.

Under the MoU, the property rental website will work closely with Dubai Tourism to help prevent breaches of the regulations by informing all host members of the Dubai tourism rules.

Olivier Gremillon, managing director of Airbnb in Europe, Middle East and Asia, said: “Airbnb is good news for Dubai. It helps grow and diversify tourism, increase consumer choice and will attract new guests to this exciting destination.”

And Helal Saeed Almarri, director-general of Dubai Tourism, said that the new partnership “enables Dubai to become more competitive as a tourism destination, and speaks to our ability as government to drive demand-led policy making and embrace innovation to further our proposition, in keeping with global demand trends and a highly digitized market place.”

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