Analysis
Germany
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Berlin: the gate is open for hotel chains

2 min reading time

Published on 26/06/18 - Updated on 09/03/22

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Porte de Brandenburg Berlin

The national RevPAR increase is around 2.1%, Berlin performs moderately compared to other German cities. However, with an occupancy rate at 77%, the capital city is among the leaders for this indicator.

In 2018, Berlin will see its business park expand in the 2nd district with nearly 18,000 new offices, notably for Mercedes and Zalando. A new 84,000 m² shopping centre should also be constructed, as well as 60,000 m² of hotels. On the cultural side, the new City Palace in downtown Berlin is expected...

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