Dutch Restaurants and Cafés See Little Growth as Consumers Cut Spending
2 Articles
2 Articles
Dutch restaurants and cafés see little growth as consumers cut spending
The Dutch hospitality industry is expected to see almost no growth this year as consumers cut back on spending at restaurants and cafés. Meanwhile, prices in the sector are set to rise by an average of 5 percent in 2026, driven by inflation and a higher VAT rate on accommodation introduced earlier this year. ING said in a report published Tuesday that restaurants and cafés are also unlikely to see much improvement in 2027.
The Dutch hospitality industry is expected to grow barely this year because consumers are spending less money on dining out and café visits. At the same time, hospitality prices will rise by an average of 5 percent in 2026 due to inflation and the higher VAT on accommodation introduced at the beginning of this year. This is stated in a report published by ING on Tuesday. The bank's economists foresee hardly any improvements for restaurants and c…
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