Find out why hotel chains such as Waldorf Astoria, Hilton and Starwood Hotels & Resorts Worldwide have picked Amsterdam and why many innovative hotel concepts such as The Student Hotel, the Volkshotel or CitizenM thrive here, too.
Opportunities in real estate
Conditions in Amsterdam are perfect for international investors in properties: real estate is competitively priced at the moment, and the city hasn’t lost its charm for either tourists or international businesses. The Grand and the Waldorf Astoria have been able to open their hotels in magnificent historical buildings. Other entrepreneurs choose to transform existing buildings into compelling new concepts – like the Sir Adam hotel, which will be located in the A’DAM tower, a former Shell office. The City of Amsterdam is very accommodating to new hotel initiatives that add to the attractiveness of the city.
Popular tourist destination
World-famous cultural attractions such as the Rijksmuseum, Amsterdam’s canal ring and the Anne Frank House continue to draw tourists to the city. Amsterdam is also a very popular destination for international conventions and therefore attracts many business visitors. This results in a very healthy hotel market with high occupancy rates of around 75% and a RevPAR (revenue per average room) that increased by almost 3% to €93.30 in 2013.
Amsterdam is home to many internationally oriented service providers that have specialised in the hospitality sector. And when setting up here, finding qualified personnel is quick and easy, as the Amsterdam Metropolitan Area is home to outstanding hotel management schools and Amsterdam is the largest Anglophone city in continental Europe. And other languages?
More and in-depth information
If you have any questions, we recommend that you visit our online community at wikispaces. Wikispaces you will be able to find policy documents, data, figures, market research, news articles and relevant links with regards to the hotel industry in Amsterdam.