Amsterdam hospitality group Entourage has secured a new long-term lease to keep operating its restaurants and bars inside the five-star W Hotel on Spuistraat.
The agreement ends months of uncertainty for the venues, which include Michelin-starred restaurant The Duchess, steakhouse Mr Porter, hamburger joint The Butcher, and nightclub Do Not Disturb.
The financial trouble stemmed from a major rent dispute involving the hotel’s previous operator, Sircle Collection, and building owner Deka Immobilien.
Pandemic debts triggered hotel eviction
Unpaid rent obligations accumulated during pandemic-era closures eventually grew to 23 million euros, leading a local court to order Sircle Collection’s eviction from the building in February.
Hospitality company Corendon has since taken over the operational management of the W Hotel property.
While Sircle Collection and Entourage shared close corporate ties and co-ownership, Entourage founder Yossi Eliyahoo confirmed that the dining group has now separated its commercial position from the former hotel operator.
New 20-year lease agreement signed
Under the new arrangement, Entourage operates as a direct tenant of Corendon with a contract extending for at least 20 years.
The incoming hotel operator plans to invest approximately 30 million euros into the property to resolve deferred maintenance and complete overdue repairs.
The restructuring also addresses secondary commercial disputes tied to other locations in the city, including Momo at the Park Centraal hotel and Izakaya at Sir Albert in De Pijp.
Hospitality sector continues pandemic recovery
The resolution highlights ongoing challenges across the Dutch capital as major hospitality operators continue to negotiate debts and deferred lease payments dating back to 2020 and 2021.
Despite the legal friction, all four venues inside the Spuistraat complex remain fully open to guests and regular patrons.
