Renting a hotel is subject to specific rental legislation, namely the retail rent regime, often referred to as ‘shop rental’ legislation (Section 7:290 et seq. of the Dutch Civil Code). The rental/letting of hotels must also be conducted under this rent regime. It is important for tenants and landlords of hotels to mirror the rent on the rents of other, comparable hotels. The rents of comparable hotels are also called the reference rents, which are the benchmark for ensuring that the current rents are correct. The specialists of Invast Hotels can determine the actual rent for your hotel, based on its situation.
Section 7:303 of the Dutch Civil Code gives both investors and tenants the legal option of a rent review. This can mean a significant reduction or increase in the rent for landlords and hoteliers. In principle, a request for adjustment of the rent can only be made after the first rent period has expired. Subsequently, at least five years must have passed since the last rent adjustment.
The rent review is based on comparing the rental value of the relevant property with several reference properties. The rental values of these reference properties over the past five years are factored in the moment the hotelier files a review order. Although the rent is often related to the turnover of a hotel, a rent review does not take into account the operating results of the hotel. The process is based on a mere comparison with the rental values of reference properties. Invast Hotels has many reference data available, especially in Amsterdam and other major cities in the Netherlands.
Boutique Hotel Sebastian’s
Location: Keizersgracht Amsterdam
Classification: 4 stars
Rooms: 33
Facilities: Bar/breakfastroom
Assignment: Another hotel in Amsterdam’s historical centre that has been successfully sold for the same owner by Invast Hotels. This owner keeps opting for Invast Hotels because of a combination of solid market knowledge, an extensive network and a very personal approach.
Botel Amsterdam
Location: NDSM Wharf Amsterdam
Classification: 3 stars
Rooms: 175 + 5 design rooms
Facilities: Bar
Assignment: supervising the sale of a hotel ship is extremely complex. This requires not only a thorough knowledge of the market and an extensive network, but also insight into this complexity. The private owner found Invast Hotels to be the best partner for supervising the sale of property and operations.
Assignment: For Win Hotels several new and existing hotels with various concepts in Amsterdam Centre, Noord and De Pijp were valued by Invast Hotels. These 6 hotels are Ibis Styles Amsterdam CS, Ibis Styles Amsterdam Amstel, Ibis Styles Amsterdam City, Double Tree By Hilton, White Tulip Hostel en Hotel Notting Hill.
easyHotels
Assignment: when easyHotels started their completely new concept in the Netherlands, Invast Hotels was engaged for the valuation of the first hotel in Amsterdam. After this project Invast Hotels is involved in more appraisals for other easyHotels.
All Suites Boutique Hotel Twentyseven
Location: Dam Square Amsterdam
Classification: 5 stars
Rooms: 16 Suites (47-245 m2)
Facilities: Restaurant/Bar
Assignment: Invast Hotels handled the renting of one of the most prestigious locations and buildings for a hotel in Amsterdam. During previous collaborations, Invast Hotels has proven to be a reliable partner with highly specialised knowledge, a broad network and a very personal approach.
Renaissance Amsterdam Schiphol Airport
Location: Aalsmeer
Classification: 4 sterren
Rooms: 250
Facilities: Restaurant/Bar/Meetings
Assignment: for the commissioning bank, Invast Hotels took care of both the feasibility study and the appraisal upon delivery of this 4 star hotel located near Schiphol Airport.
Hilton Hotel The Hague
Location: Zeestraat The Hague
Classification: 5 stars
Rooms: 195
Facilities: Restaurant/Bar/Meetings
Assignment: By using the specific knowledge of the hotel real estate market and the extensive network of Invast Hotels, the developer and co-owner of Hilton Hotel Den Haag has acquired a structural financial partner.
Conservatorium Hotel
Location: Amsterdam
Classification: 5 stars
Rooms: 129
Facilities: Restaurants/Bar/Spa
Assignment: Invast Hotels has advised the owners of the prestigious and ultra luxurious Conservatorium Hotel on the long-term determination of the property tax value since acquisition and development.
Olympic Hotel Amsterdam
Location: next to the Olympic Stadion
Classification: 4 stars
Rooms: 309
Facilities: Restaurant/Bar/Meetings
Assignment: The Olympic Hotel, situated at a unique location in Amsterdam and surrounded by sports fields, was valued by Invast Hotels at a post-construction value.
Stadsgoed Amsterdam
Assigment: For Stadsgoed Amsterdam Invast Hotels performed a quick scan into the rent review options for its 8 hotels and hostels, all located in the historic centre of Amsterdam.
