Embargos...,
I feel like a balloon waiting to explode ....
Gossip:
Mandarin Oriental take over the Amsterdam Conservatorium hotel
https://press.mandarinoriental.com/h...vatorium-hotel
https://www.conservatoriumhotel.com/nl/
Rebranding it as Mandarin Oriental Conservatorium Amsterdam.
It will start a renovation phase from 2026.
Hotel will remain operative.
Very shrew as it will judge the benchmark set by the new Rosewood Amsterdam opening in 2025 and will try to out do it....!
https://www.rosewoodhotels.com/en/me...o-open-in-2025
https://www.quotenet.nl/lifestyle/re...025-piet-boon/
https://pietboon.com/corporate-proje...tel-amsterdam/
Mandarin Oriental Group did view IC AMS as an interesting object to acquire, yet has been outmanouvered by 2 contenders that woo Katara Hospitality.
Where does this leave IC AMS and its own renovations?
Katara Hospitality + management are playing strip poker with a royal flush deck of cards.
KH owns Regent Carlton Cannes so knows IHG could be a fit after a rebrand.
Yet 2 new contenders have arisen to woo IC AMS to switch brand / group.
Especially after Amsterdam municipality has launched an official formal "tourist discouragement" policy
https://www.amsterdam.nl/en/policy/policy-tourism/
https://www.amsterdam.nl/ondernemen/...chtingsbeleid/ Google translate for the policy 2024 & limit growth hotel designation invoking landlease clause)
- no more new hotels , if 1 closes, 1 can open but even no more at all in designated zones
The value of IC AMS has thus increased 10x fold!
So there might be a surprise twist coming up .......