Experts of well-known real estate research company "Jones Lang LaSalle", note that one ‘non-housing’ segment of the residential market (particularly in Brussels) - hotel market remains of great interest to foreign investors.
The figures produced by JLL show that almost 14 million tourists visited Belgium last year, up by 4,1% on the previous year. Brussels has 163 quality hotels of which two thirds are three and four star. Over the past two years or so, new openings have included the Pantone, Mercure Louise, Aloft, and Park Inn.
Experts of "Jones Lang LaSalle" company point out that growing demand in Brussels and a relatively limited supply combine to make the city of interest to foreign investors, who dominate the hotel market, far outstripping their national counterparts.
Two new five star hotels are scheduled to open in 2013 – the Tanglia (181 rooms) and the Astoria (142). The same year is set to see the ‘Hôtel du Midi’ open with 239 rooms, and in 2014 Motel One in the centre of Brussels will add a further 490 rooms to the city’s total.
In round figures, these developments will see the total number of rooms in the capital increase during the 2012 to 2014 period by around 10%.
Source: http://www.pro-realestate.be/news-view.asp?ID=74819&L=uk&rubr=&ch=NEWS