Belgium - a 2013 Market Snapshot And The Outlook For 2014 And Beyond
By
Marco van Bruggen, Senior consultant, Horwath HTL | 19 Dec 13
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.
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About Horwath HTL
Horwath HTL (Hotels Tourism and Leisure) is one of the world's pre-eminent consulting specialists in the Hotel, tourism and leisure industries, providing unequalled experience and expertise for client projects around the world through a combination of detailed local knowledge and international understanding. Horwath HTL is currently the world's largest consulting organisation specialised in hospitality, with 50 offices in 39 countries.
Horwath HTL is a member of Crowe Horwath International, a professional association of accounting and management consulting firms founded in New York in 1915. Crowe Horwath International is currently ranked among the top ten international professional service groups with offices in close to 586 cities in 108 countries.
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