In just a few months, the Danish capital will have seen the world’s lea­ders pass through, making its way into the headlines of the international press. It is in real need of this spotlight and moreover activity because the si­tuation at its hotels is far from glowing. And yet, it would appear that the media and international activity around Copenhagen will merely temporarily slow the slump the RevPAR has been in for several months. While tourism and business traffic have steeply dropped, projects for new properties continue to flourish in a veritable chronicle of forecasted overcapacity.In addition to the congress activity, the second tourism development axis is concentrated on the cruise market. A recent association with Malmöe results in a vast ambition to become a new unavoidable destination for cruise liners sailing the Baltic sea. Thus, in 2008, 310 ships called at port, for a total of 580,000 passengers, making Copenhagen the numberone destination for cruises in Europe.The euphoria in recent years has increased developers’ interest in a city with a reputa­tion for being dynamic and Scandinavia’s principal city. But the backlash at the beginning of the international crisis was particularly severe. The Danish capital has about 1.7 million inhabitants, but it is the engine driving a vaster region Øresund with 3.6 millions inhabitants which overlaps on neighboring Sweden. Since the creation of a bridge between Sweden and Denmark, opened in 2000, Copenhagen’s current hotel supply, slightly more than 13,000 rooms, is completed by the 28,000 rooms available around Malmöe, only one and a half hours away from Copenhagen. Which represents a necessary supply for major international meetings but also creates potential competition during low seasons. Last year, the region of Øresund had a total of 6.7 million nights, 5.3 of which were in Copenhagen alone, but since then the...