SCTDA launches ‘Holiday Homes Project’ to diversify economic growth

SCTDA launches ‘Holiday Homes Project’ to diversify economic growth

SHARJAH, 14th August, 2022 (WAM) -- Sharjah Commerce and Tourism Development Authority (SCTDA), in cooperation with several government and private agencies and institutions in the emirate, has launched a regulatory framework, the Sharjah Tourism’s ‘Holiday Homes Project’, which aims to offer an official framework of facilitation and control to Sharjah residents who wish to rent out places they own as holiday homes to tourists and visitors.

According to the terms and standards approved by SCTDA as stipulated by the Holiday Homes Project, the residential units can be rented out on a rotational basis, regularly.

The project is successfully developing an official facilitation framework in line with international best practices for the operation of holiday homes, and to register them under a unified umbrella and database.

The project will also empower prospective users with a new source of income recognised by the Government of Sharjah, offering them official guidance on operating requirements, classification criteria, violations and other mechanisms.

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 home owners