Amsterdam's Maritim hotel faces millions in losses as German chain terminates lease

parool.nl (Dutch)

The Maritim hotel in Amsterdam will not open as planned after the German hotel chain unilaterally terminated its lease agreement. The fully furnished 579-room hotel, announced in 2014, has faced numerous delays. Owner Union Investment is now seeking a new operator or buyer for the property. The hotel's delayed opening has reportedly caused millions in losses, and the future operator will need to address construction defects identified by experts.


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Amsterdam's Maritim hotel faces millions in losses as German chain terminates lease | News Minimalist