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Amsterdam's hotel industry posted flat year-on-year growth in RevPAR in 2012 and we do not anticipate a significant uplift in 2013 in light of persisting economic difficulties resulting in subdued domestic corporate demand as well as growth in supply, notably on the city fringes. The medium term is viewed more optimistically as a number of well-known international brands firmly put Amsterdam on the map globally aided by new economic developments and initiatives capturing substantial growth in foreign demand and international travel.
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24 June 2013