Advertisement
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Hotels in Ajman have supported a recently announced incentive package by the Ajman Department of Tourism Development, aimed at easing operational challenges in the hospitality sector. Introduced under the leadership of the emirate’s executive authorities, the measures include temporary fee deferrals, penalty waivers, and flexible payment mechanisms. Industry stakeholders indicated that the initiative comes at a time of softer occupancy levels and margin pressures, providing short-term financial relief while reinforcing long-term confidence. The move is positioned to strengthen public-private collaboration, improve the emirate’s competitiveness as a tourism destination, and sustain investment interest in the hospitality sector.
Hotels in Ajman have expressed support for a newly introduced incentive package by the Ajman Department of Tourism Development, aimed at addressing operational challenges in the hospitality sector and strengthening coordination between government authorities and private operators. Advertisement
The initiative, announced recently under the leadership of Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, introduces a set of financial and regulatory measures intended to support hotels facing cost pressures and fluctuating occupancy levels.
According to industry stakeholders, the package includes a six-month deferral of tourism-related fees, waiver of late payment penalties, and the introduction of flexible payment mechanisms. These measures are expected to provide immediate financial relief to hospitality operators managing fixed costs alongside variable revenue streams.
Iftikhar Hamdani, Area General Manager of Bahi Ajman Palace Hotel, indicated that the initiative reflects an understanding of current operating conditions within the sector. He stated that the measures were designed to ease financial strain while reinforcing confidence among hospitality stakeholders.
He further noted that the approach adopted by the Ajman Department of Tourism, Culture and Media, under the leadership of Sheikh Abdul Aziz bin Humaid Al Nuaimi and Mahmoud Alhashemi, demonstrates responsiveness to industry requirements. The introduction of payment flexibility and regulatory relief was described as aligned with the operational realities faced by hotels in the emirate.
Industry participants observed that the incentive package arrives at a time when hotels are navigating softer demand conditions, tighter margins, and ongoing cost commitments. In this context, the measures are expected to support business continuity while enabling operators to maintain service standards and operational stability.
Beyond short-term relief, the initiative is also viewed as part of a broader strategy to enhance Ajman’s position within the regional tourism market. Stakeholders indicated that sustained policy support and an investment-friendly environment remain critical for attracting both domestic and international visitors, as well as long-term capital into the hospitality sector.
Hotel operators in the emirate have reiterated their intent to collaborate with government authorities and tourism bodies to support sector recovery and improve visitor experiences. The coordinated approach between policymakers and industry participants is expected to contribute to strengthening Ajman’s tourism ecosystem.
The incentive package reflects ongoing efforts by the Ajman government to align economic support measures with sector-specific requirements, particularly in industries such as hospitality that are sensitive to demand cycles and external market conditions.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
