PRESS RELEASE: Investing in Dutch hotels: Dutch City Hotel Index 2018
Date: June 29, 2018
Horwath HTL has created the Dutch City Hotel Index 2018, a ranking of the Dutch cities that are most attractive for hotel investors. Amsterdam tops the list despite, or perhaps because of the implemented hotel development block.
Utrecht is ranked second. Recently, not many hotels have opened their doors, but the demand has grown significantly and is expected to continue its surge. The positive outlook, in combination with a robust pipeline, create opportunities for investors. Rotterdam is ranked third on the list, as the supply has grown and has been absorbed well by the market. As a result, the local hotel market has stabilised. The Hague’s stable growth has resulted in the city’s fourth place in the ranking.
After the ‘Big Four’ cities, interesting investment opportunities can be found in Haarlemmermeer, Almere, Leiden and Eindhoven. In these cities, the local GDP growth has outpaced the national growth rate. Furthermore, the pipeline shows a range of attractive new hotels. For the attractiveness of each city, six variables have been analysed: the hotel market (occupancies and room rates), current and future hotel supply, economy, real estate, demographics and sustainability. Rankings are based on a range of characteristics for each variable.
Find the Market Report here.
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