CHD Expert Booming market for hotel projects in Germany: Over 220 high-grade hotels under construction
Growth of hotel market by over 37,000 new rooms until 2013
Germany's hotel market expansion will not stop. In the next five years 179 first-class hotels and 49 luxury hotels with more than 37,000 rooms will be opened in Germany. According to tophotelprojects.com, one of the leading online databases for international hotel projects, most of the top hotel projects are planned for the major cities of Germany.
In the capital city of Berlin 49 first-class and luxury hotels with over 4,200 rooms are under construction and will be opened until 2013. In Hamburg 14 top hotels (with more than 2,500 rooms) are planned and in Munich 9 top hotels (with 1,700 rooms) are under construction. In Frankfurt the hotel market will welcome 12 new top hotels with more than 2,800 rooms.
A large number of planned top hotels will be managed by international hotel chains and operators, e.g. Hilton, Kempinski, Mandarin Oriental, Marriott and Rezidor. One of the most important top hotel projects this year will be The Charles hotel in Munich, No 3 of the Rocco Forte Collection in Germany (opening is scheduled for end of October 2007).
About the German hotel market
Today, more than 12,000 hotels (from business to wellness hotels and boarding houses) and over 33,000 other accommodation facilities are in operation in Germany. 2,800 hotels are 4 star rated (first class), 224 are luxury hotels (5 star rated). In total, over 4,480 hotels are focused on business travel. Over 5,900 houses are conference hotels and more than 4,600 hotels are dedicated to leisure guests.
(October 11, 2007)
print version