Netherlands residents will spend more and more on holidays in the coming years, regardless of their age. Holiday spending is expected to increase by 30 percent until 2027, ABN Amro said in a report on the travel sector. According to the Dutch Tourism & Conventions Board (NBTC), fewer Dutch people plan to spend their next vacation in the Netherlands, increasingly opting for a holiday elsewhere in Europe.
ABN Amro: record number of German tourists to the Netherlands houstonianonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from houstonianonline.com Daily Mail and Mail on Sunday newspapers.
NL: 15 pct. of catering businesses could go bankrupt this year, economists warn
AMSTERDAM - Economists expressed their concerns that 10 to 15 percent of Dutch catering and hospitality businesses could go bankrupt this year. The situation should improve once the sector is allowed to reopen in full, and if government financial support provided during the pandemic is also extended, Nu.nl reported on Friday.
The economists also argued a new scheme to reschedule debt payments is needed.
A report on the status of small businesses in the Netherlands carried out by Hogeschool Utrecht and ONL found that 74 percent of small hospitality businesses in the country were struggling to fulfill their financial obligations. About 29 percent of them were already technically bankrupt by the start of April.