Amsterdam
Amsterdam Hotel Performance Jumped During Eventful August
CoStar Group | September 18, 2023
WASHINGTON – 18 September 2023 – Amsterdam’s hotel industry showed event-driven improvement in monthly performance, according to preliminary August 2023 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. August 2023 (year-over-year % change): Occupancy: 80.0% (+5.2%) Average daily rate (ADR): EUR180.45 (+18.9%) Revenue per available room (RevPAR): EUR144.40 (+25.0%) The market’s hotel performance was helped by several events, including Pride Amsterdam, the 46th Congress of the European Society of Cardiology (ESC) and the Dutch Grand...
Amsterdam’s Hotels Make Strong Recovery Following Extended COVID Travel Restrictions
HVS | August 3, 2022
03 August 2022, London: Despite Covid-related travel restrictions in The Netherlands being lifted in March 2022, somewhat later than in other European cities, Amsterdam’s hotel sector has made a strong recovery with year-to-May data indicating strong growth compared with the previous year. The duration of the strict measures imposed by the Dutch government throughout the pandemic resulted in little to no recovery in 2021, but with restrictions lifted visitation to the popular Dutch city quadrupled in the first five months of this year compared with 2021, although still 40% below pre-Covid levels of 2019. The average rate is seeing a r...
