STR: Munich hotel supply to grow 15% by 2020
Munich’s hotel inventory is expected to grow by 39 new properties and 7,397 rooms by 2020—a 15.4% increase to the market’s existing supply—according to STR[1]‘s AM:PM database. Munich’s hotel room inventory has increased 11.3% since the end of 2015. Currently, the Munich market comprises 463 hotels and 47,880 rooms, making it the third-largest hotel market in Germany. Berlin and Frankfurt...