What are the benefits of starting a hotel business in Dubai?
What are the benefits of starting a hotel business in Dubai?
Dubai has become a nucleus to start all sorts of businesses. Its mixed expat civilization, strategic locale, top infrastructure, edifices draw the world to its hoofs. Also, Dubai is one of the world’s best exceptional travel and tourism destinations. Statistics show millions of tourists and visitors are coming here every year. This pattern alone pipes up about Dubai’s flourishing tourism sector and confirms its capacity for forthcoming investors. Based on some reports, the hospitality division showed remarkable growth. Accordingly, it illustrates numerous venture opportunities for those who wish to begin a hotel business in Dubai.
However, before we plunge into the goodies of hotel business setup in Dubai, let’s first go through the various classifications and categories of hotels in Dubai. This is very important for anyone who wishes to start a hotel business here someday.
Classification of Hotels in Dubai
The DTCM has introduced six different classifications for the hotels and apartments of Dubai which allows the division of hotels. This is sub-categorized into beach resorts, desert resorts, theme park hotels and more. To avoid penalties you have to make sure that your hotel falls into one of these categories. This will be graded with stars ranging from 1 to 7 and will further classify it into standard, basic and deluxe. Also, you should often update services for including all facilities and address health and safety.
The hotels in Dubai are classified as follows:
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Holiday Houses
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Resorts
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Guest Hotels
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Hotels
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Apartments
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Youth Hostels
Advantages of Setting Up a Hotel Business in Dubai
A hotel business emanates its integrity from the substantiated proficiency to produce and boost income. The emerging popularity of the tourism sector in Dubai will pave way for the success of your hotel there. Following is a list of benefits that you get from starting a hotel business in Dubai.
Flourishing Tourism
Dubai is a junction between three different continents of Asia, Africa and Europe. Hence, a massive number of visitors are gliding in and out of Dubai every day. Each person belongs to a distinct income class and therefore will require a boarding that matches their income framework. Based on the fund and business prototype can fabricate your hotels and furnished quarters to target different clients.
Talented Workforce
Dubai being an eclectic and multicultural metropolis is crammed to the verge with a qualified and competent workforce. Any entrepreneur could easily find skilled folks to serve their assigned task perfectly with a profile that suits their target customers.
Different Business Models
You don’t have to clasp to a single model if you are planning to start a hotel in Dubai. There are different categories here which an entrepreneur can choose from to exhibit his aptitude. These can be resorts, hotels, apartments, guest hostels, holiday houses,and much more, ranging from standard or deluxe.
Global Events
Dubai is deemed as the prime site for conducting all the meetings, conferences, project demonstrations, and events for international organizations across the globe. This clarifies that it is not just the retail hub of MENA, but has unfolded into the retail capital of the planet. The government has adopted numerous strides which have renovated it into an elite-destinations for global events. This meant to bring millions of visitors and would require a place to stay. Hence, hotels and apartments can be designed to target your clients altogether.
Easy Setup Process
The entire procedure of opening a hotel is quite straightforward in Dubai. By keeping up with the rules and regulations of the government, you can get this process completed in no time. It is the Department of Economic Development of Dubai who handles this matter. You will receive the license from DTCM after you fulfil all these procedures.
What are the Rules & Regulations for Setting Up a Hotel Business in Dubai?
The first and foremost step is to register your business under the department of economic development of Dubai. After completing the registration process, certain rules and regulations need to be followed. Let’s take a look at them.
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The size of the hotel rooms should not be less than 30 square meters.
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you should showcase all the tour packages.
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Unlike any other business, this particular business needs to obtain a Tourism license. For that, submit a bank guarantee before the Dubai Department of Tourism and Commerce Marketing (DTCM).
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You should hold a certificate proving that you have good conduct.
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You have to follow the directives connected with the catalogue of tourist establishments.
Bottom Line
Starting a business in Dubai is regarded as a rewarding idea, as it is one of the best cosmopolitan cities in the UAE. There are numerous advantages to starting a hotel business in Dubai. Here, you can easily choose a location and determine what indulgences you should propose. Also, you can easily start any small budget hotel or a luxury restaurant without facing many complications. From easy set-up procedures to the benefits of global events, you will get exactly what you are looking for from starting your hotel business here. Thus, the hotel business is indeed the obvious bullet to break into this multi-billion-dollar realm in Dubai.