UAE’s NCTH waives fees for hotels under its management
DUBAI, March 24, 2020
The UAE’s National Corporation for Tourism & Hotels (NCTH) said that owners of the hotels under its management will be exempted from all management fees and other expenses for three months, according to a media report.
The move comes as part of NCTH’s support for the country's precautionary and preventive efforts to contain the spread of coronavirus, COVID-19, its chief was quoted as saying by state news agency WAM.
Sheikh Hamdan bin Mubarak Al Nahyan, Chairman of NCTH, said: ''This decision follows an earlier move to exempt tenants of retail shops and restaurants at NCTH-owned hotels from rents for three months.''