Key Market Indicators
Germany's available hotel rooms are projected to reach approximately 994,000 by 2028, up from around 978,000 in 2023. This growth represents an average annual increase of 0.3%. Since 1995, Germany's hotel room supply has shown minimal yearly growth. In 2023, Germany ranked second in Europe for total hotel rooms, with Italy taking the top spot with nearly 978,000 rooms. Following Germany, Spain and France secured the third and fourth positions, respectively. In terms of hotel occupancy, Germany recorded a rate of 59.1% in October 2021, down from 60.9% in September 2021. This marks a slight decline compared to the previous year.
Latest reports
Germany Hotel Market Report- Q4 2024
The Germany hotel market in Q4 2024 is characterized by dynamic changes driven by expansion, investment, and technological innovation. Key players are strategically...
