The severe COVID-19 lockdowns are still having a considerable impact on the Dutch economy, especially due to constrained consumer spending. However, the economy and consumer spending are rebounding sharply. As a result, sales of hospitality and other consumer-related forms of real estate have increased. However, rising energy costs and staff shortages have created new complications in this market. Sustainability levels often lag behind. To offset costs, hotel room rates have risen sharply. Inflation and rising interest rates are strongly affecting all these forms of operational real estate.