21.03.2012 - Savills: Amsterdam is hot spot for hotel investment
International real estate advisor Savills expects Amsterdam to be a hot spot for hotel investment in 2012 as a number of new hotels from budget to luxury open in the Dutch capital. The firm notes that average occupancy rates in Amsterdam stand at 75-80%, due largely to demand from business travelers and weekend tourism, it expects occupancy rates to reach 2007 levels (of approximately 81%) in 2012, which will in turn allow an increase in average room rates...............................................Full Article: Source
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