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, says hotel consultant HVS.
Strong support from the French government combined with the continued worldwide appeal of Paris has resulted in a dynamic rebound for the city's tourism sector post pandemic ensuring its lead is maintained as one of the most desirable destinations for hotel investors.
According to a webinar hosted by HVS, London's hotel market will return to pre-pandemic performance levels, but is unlikely to return to growth until at least 2024 or 2025.
International property consultant Knight Frank is predicting the end of the stamp duty taper next week will bookend an extraordinary period for the UK property market and usher in a return to normality.
According to HousingAnywhere's International Rent Index report for Q2 2021 shows an overall price drop for single rooms, bringing the average rental prices to their lowest point since 2015.
Posted on May 10, 2021
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