The Netherlands
The Dutch hotels are moving towards a new high point. The average occupancy increased from 69.2% in 2005 to 73.0% in 2006, the highest level since 2000. The average room rate increased by 2%, from € 102 to € 104. This brings the RevPAR, the Revenue Per Available Room, to € 76; an increase of 12% compared to 2005.
For 2007, it is expected that the room occupancy in The Netherlands will increase slightly to 73.2%. The average room rate is expected to increase by 4% to € 108.
The Amsterdam & Schiphol region is showing a faster recovery than the rest of The Netherlands. The occupancy in this region increased from 77.2% to 81.3%, while the average room rate increased by 9%, from € 116 to € 126. For 2007, it is expected that the occupancy in Amsterdam will stabilize while the average room rate continues to increase.
Belgium & Luxembourg
The hotel industry in Belgium and Luxembourg is also showing a strong recovery in 2006. The occupancy increased by over 5 percentage points to 71.0%. The average room rate increased by 5.5% to € 96. As a result, the RevPAR increased from € 59 in 2005 to € 68 in 2006; an increase of over 15%. The Belgium & Luxembourg market can therefore be said to have recovered more strongly than The Netherlands.
The outlook for 2007 is optimistic for Belgium & Luxembourg. It is expected that the occupancy will remain stable, while the average room rate will increase further, to € 100.
Horwath HTLSince March 2007, the name Horwath Consulting has been changed to Horwath HTL. Horwath HTL refers to Hotel, Tourism and Leisure. The new name is introduced world-wide for the offices of Horwath International that are specialised in these areas. The new name also highlights the difference with the Horwath accountants and tax consultants. By introducing the name world-wide, the cooperation between the international offices has become more visible. Horwath HTL has 50 offices in 30 countries. More information can be found on
www.HorwathHTL.com.
