Dubai, UAE; 29th September 2013: The hotel investment industry was today given a financial incentive to develop more mid-range hotels in Dubai, in a move to swell the Emirate’s supply of four and three star properties. Eligible hotels will be granted a concession on the standard 10 per cent Municipality Fee which is levied on the room rate for each night of occupancy.
Dubai Tourism or DTCM is the principal authority for the planning, supervision, development and marketing of Dubai’s tourism sector; markets and promotes the Emirate’s commerce sector; and is responsible for the licensing and classification of all tourism services, including hotels, tour operators and travel agents. Brands and departments within the DTCM portfolio include Dubai Convention and Events Bureau, Dubai Calendar, and Dubai Festivals and Retail Establishment (formerly known as Dubai Events and Promotions Establishment). In addition to its headquarters in Dubai, DTCM operates 20 offices worldwide.