Belgium - a 2013 Market Snapshot And The Outlook For 2014 And Beyond

Following the flat economic growth of 2013, the economy’s projected growth in 2014 is expected to be visible in the development of the demand for hotel rooms in Belgium as well. The growth rate for national room nights is expected to remain relatively low in 2014, but to increase more in the following years. As a result, both occupancies and average room rates are expected to increase, in Brussels as well as in the rest of the country.

Europe Belgium

As senior consultant with Horwath HTL, Marco van Bruggen has carried out over 150 market analyses, feasibility studies and valuations for stand-alone and mixed-use projects including hotels, meeting centers, golf courses and leisure facilities in The Netherlands, Belgium and Luxembourg, in addition to coordinating the annual Hotel Statistics (HOSTA) for the Benelux.

At Horwath HTL, our focus is one hundred percent on hotel, tourism and leisure consulting. Our services cover every aspect of hotel real estate, tourism and leisure development. Our clients choose us because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each project we help is different, so we need all of the experience we have gained over our 100-year history.