Hotel scene booms as travellers flock to Berlin
Berlin’s hotels are thriving as the city expe-riences continued growth in tourism and business travel.
In a report on the German hotel sector, Horwath HTL says that Berlin has the most significant number of branded hotels and rooms in the country, with 10.5 percent of its branded hotels and 14.5 percent of its branded rooms situated in the capital. As well as its strong business tourism, the city has forged itself a reputation as a creative and artistic European hub. This image, coupled with its historic and cultural sig-nificance, has attracted both Germans and foreigners for short trips to Berlin.
On the whole, the number of arrivals in Ger-many rose by 16.7 percent between 2012 and 2017. Overnight stays grew by 12.8 percent during the same period, at a compound annual growth rate (CAGR) of 2.4 percent, representing a total num-ber of 459.5 million visitors in 2017. In comparison, Berlin’s overnight stays went up by 26 percent at a CAGR of 4.8 percent.