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Number of establishments of Upscale hotels in Germany, 2020 - 2027

Industry: Hotels
Current: Other Industry Indicators

The Number of establishments of Upscale hotels in Germany, attained a value of 3,616 in 2023
The indicator recorded a historical growth (CAGR) of 1.64% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...

Number of establishments of Upscale hotels in Germany, 2020 - 2027

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Hotels and motels in Germany

The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms. Industry value consists of the total revenue generated by (a) rent that a guest pays for an occupied room and (b) other revenues, including revenue from food and beverages, telecommunications, health and leisure operations, and car rentals. Industry volume consists of the number of establishments in a given country that provide paid lodging and full guest services.

Impact of COVID-19 on the hotels and motels in Germany

The German hotels and motels industry achieved good growth in 2018, before declining the following years. The industry is expected to achieve very strong growth until 2023, with moderate growth rates expected over the remainder of the forecast period. Germany has enjoyed a stable increase in international tourism over the past decade, which has facilitated the growth in demand for hotels.

Who are the leading players?

The leading player in the German hotels and motels industry is AccorHotels, with a number of branded hotels operating across all segments: budget, midscale, upscale, and luxury. Accor has many establishments in operation across the country.

Best Western Hotels and Resorts is a leading player in the German industry, with many establishments in operation across the country. The company operates a variety of brands ranging from budget to upscale, including SureStay, Vib, Glo, and Best Western Premier.

Deutsche Hospitality is one of the largest domestic hotel chains in Germany, operating a portfolio of lots of hotels worldwide. The group operates many establishments across Germany under six brands, including Steigenberger Hotels & Resorts, Maxx, Jazz in the City, InterCity Hotel, PartnerHotels and Zleep Hotels.