Market Report

Dutch City Hotel Index

The Dutch Hotel City Index, a joint publication by Horwath HTL and ABN AMRO, ranks Dutch cities based on their hotel investment climate.

The analysis encompasses six categories: hotel demand, supply, sustainability, economy, demographics, and real estate. Only larger cities with at least three hotels of 100 rooms or more were included in the study.

Methodology 

Hotel Demand: Assessed using occupancy rates and average room rates, including the impact of tourist taxes. 

Hotel Supply: Evaluated current and future supply, hotel density, and the impact of hotel policies. 

Sustainability: Examined the share of certified hotels, CO2 emissions per guest per night, and staygreencheck scores. 

Economy: Analyzed GDP growth and the number of companies. 

Demographics: Reviewed population growth and job creation. 

Real Estate: Focused on hotel transactions and investment activity. 

 

Key Insights 

Hotel Demand 

  • Amsterdam: Highest average room rate (€162) and occupancy rate (87%) in 2018, with a 5.2% increase in ADR.
  • Rotterdam: RevPAR increased by 10% due to a €6 rise in ADR and a 3% increase in occupancy.
  • Utrecht: Demand exceeded supply, presenting an opportunity for new developments. 

Hotel Supply 

  • Amsterdam: Restrictive hotel policies are likely to limit supply growth from 2020, encouraging investment in surrounding areas.
  • Haarlemmermeer: Notable growth in supply and demand, with a 20% increase in room supply.
  • Utrecht: Significant room supply growth (70%) expected, but with a restrictive policy in place. 

Sustainability 

  • Utrecht: Highest percentage of certified hotels (38%), indicating a strong commitment to sustainability.
  • Haarlemmermeer: High average CO2 emissions but a strong staygreencheck score. 

Economy 

  • Amstelveen: Highest GDP growth (4.2%) in 2018, boosted by airport developments.
  • Almere: Strongest GDP growth (4.6%) among Dutch cities. 

Demographics 

  • Almere: Highest population growth rate (1.5%).
  • Utrecht: Notable increase in job opportunities and population growth. 

Real Estate 

  • Amsterdam: Highest transaction values, despite a decrease from €821 million in 2017 to €601 million in 2018.
  • Rotterdam: Significant increase in transaction value, doubling from €53.9 million in 2017 to €156.1 million in 2018. 

 


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