Tuesday, May 31, 2016
Sunday, May 29, 2016
Dubai Tourism offers conditional welcome to Airbnb
Dubai Tourism and Airbnb have signed a memorandum of understanding to help promote responsible hosting and help grow and diversify tourism in the emirate.
It follows the introduction of enhanced regulations last month that make obtaining a ‘holiday home’ license more streamlined for individual tenants and homeowners who want to rent their homes to guests.
The deal will bolster collaboration between the two parties and help enhance and diversify the emirate’s holiday home sector, boosting competition through a safe and transparent holiday home segment.
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Under the agreement, Airbnb will cooperate with Dubai Tourism on preventing breaches of the regulation by informing all host members of the Dubai Tourism regulations via its website and through email reminders of the rules.
The two parties will also explore joint marketing and promotional activations for Dubai as a tourism destination.
The agreement also states the Department of Tourism & Commerce Marketing and Airbnb will work together to help grow and diversify tourism in Dubai, and promote innovative forms of tourism.
At the same time, Airbnb has committed to sharing aggregated, anonymised data about short term rental hosts.
Airbnb is an increasingly popular way for guests from around the world to experience Dubai by staying with local hosts.
There are almost 3,500 Airbnb listings in Dubai.
This number and the number of guests choosing Airbnb when traveling to Dubai has doubled since last year.
Helal Saeed Almarri, director general, Dubai Tourism, said: “In keeping with global demand trends and a highly digitised market place for key enablers of tourism infrastructure, we are pleased to partner with Airbnb, a pioneer in this space, to help promote diverse accommodation options to our visitors in a safe, secure and controlled manner.
“This not only lets us be more competitive as a tourism destination but also speaks to our ability as government to drive demand led policy making and embrace innovation to further our proposition.
“Ultimately visitor experience is at the heart of initiatives undertaken by Dubai Tourism and this is one such example of how we continue to partner with the private and public sector to deliver against our destination promise.”
In line with the memorandum, Dubai Tourism last month updated its regulations surrounding holiday homes to become more competitive, with the most significant amendments positively impacting individual owners and tenants.
Under the new resolution, private home owners can apply for a holiday home license without the need to go through an approved Dubai Tourism operator providing they meet all criteria, as can tenants who are renting a property.
Dubai Tourism has upgraded its application portal to facilitate these new license applications, and will shortly allow for all e-commerce payments to be done digitally, making it one of the most progressive destinations to use the system globally.
Olivier Gremillon, managing director of Airbnb in EMEA, 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.
“This partnership with Dubai Tourism will combine the dynamism of Dubai with the passionate hosts who open their doors; creating rewarding travel experiences for guests.
“This is just the start of our partnership and we look forward to the future and the many opportunities it holds for travellers.”
Investment Corporation of Dubai acquires Porto Montenegro Marina
Regent Hotels & Resorts has confirmed The Investment Corporation of Dubai, the principal investment arm of the Government of Dubai, has agreed to the purchase of Porto Montenegro Marina & Resort in May 2016.
The transaction marks ICD’s first investment in Montenegro and the yacht marina sector, both of which are expected to experience strong growth in coming years.
Regent Porto Montenegro’s new ownership with ICD marks an exciting next chapter for Porto Montenegro, as the destination’s development accelerates, further positioning it as a luxury destination and the leading yachting community.
“I was inspired by the vision of Porto Montenegro founders Peter Monk, Jacob Rothschild and Bernard Arnault to recreate Monte Carlo in Montenegro.
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“We very much look forward to working with ICD and the expert team in Porto Montenegro.
“ICD is the premier sovereign wealth fund with expertise in visionary destination developments,” said Steven Pan, chairman of Regent Hotels & Resorts.
In summer 2017 Regent Porto Montenegro will launch its Regent Pool Club Residences.
The residential development, directly adjacent to the existing hotel in the heart of Porto Montenegro, comprises 62 units of luxury hotel residences for sale.
Pan continued: “Regent introduced the mixed use hotel residential concept to Europe and Regent Porto Montenegro was the first hotel built and opened after the financial crisis.
“Its success has led to the development of phase II Regent Pool Club Residences.”
Regent Pool Club Residences will offer some of the most prestigious waterfront addresses on the Adriatic, with one-, two- and three-bedroom luxury hotel residences with unobstructed sea and mountain views.
The hotel residences will be designed by the award winning WATG architects of London and MHZ interiors of Paris following their success at the hotel.