Belgium - a 2013 Market Snapshot And The Outlook For 2014 And Beyond | By Marco van Bruggen
Synopsis
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.