In 2023, Germany's hotel industry encompassed approximately 978 thousand bedrooms. The forecast indicates a steady increase year-on-year between 2024 and 2028, with the number reaching nearly 994 thousand bedrooms by 2028, reflecting a modest CAGR over this period. Annual growth rates are consistent at about 0.3% each year, suggesting stable sector expansion.
Future trends to watch for:
- The impact of eco-tourism and sustainable practices on hotel infrastructure investment.
- Progress in digital technology and its adoption across hotel operations.
- Changes in travel patterns due to external factors such as economic conditions or political shifts.
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