iPhone | iPad
Android
Huawei
World Gold Council reiterates that fundamentals for the metal remain strong despite record high prices
KT APPDOWNLOAD
UAE: Ras Al Khaimah announces updates to holiday homes system
An electronic registration portal that lets owners and operators register their residential units for short-term rentals
Ras Al Khaimah Tourism Development Authority (RAKTDA) has announced new updates to its holiday homes system, simplifying the process for homeowners and operators to acquire permits and convert their units into holiday homes for travellers visiting the emirate.
The updates are part of the emirate’s efforts to continue diversifying and strengthening its existing accommodation portfolio of four- and five-star hotels and resorts and to drive a sustained tourism economy that benefits investors and communities.
The holiday homes system is an electronic registration portal that lets owners and operators register their residential units for short-term rentals. The system also provides owners and operators with services to book an inspection appointment for the registered units and provide a classification service based on standard or luxury criteria for the units via the portal, ensuring easy and seamless compliance with the regulations related to holiday rentals in the Emirate of Ras Al Khaimah.
Raki Phillips, CEO of Ras Al Khaimah Tourism Development Authority, commented: “We’re seeing a growing number of visitors booking longer stays in the emirate to completely switch off and enjoy as much of the unique experiences the emirate has to offer. We want to tap into this trend and have therefore updated our holiday homes rental system to make it even easier for homeowners and operators to register, organise permits for and convert their units.
"This is in line with our vision for a diversified tourism and hospitality sector, adding even more accommodation options to our portfolio and enhancing liveability to benefit our communities and visitors who want to experience the high quality of life here and discover more of our stunning emirate.”
ALSO READ:
More news from Business
The world’s most populous nation expects 10 to 20 heatwave days
The South Asian nation is seeking a long-term bailout from the International Monetary Fund
Dubai in particular is seen as an increasingly attractive market
Almost every sector of the economy has been affected
On June 1, 2023, the emirate's flagship carrier unveiled a closed loop recycling initiative to transition to the principles of a circular economy
Frankfurt-based institution has left its key rates unchanged since October 2023
Grupo Financiero Galicia to buy the business for $550 million
