Booming market for hotel projects in Germany: Over 220 high-grade hotels under construction

Growth of hotel market by over 37,000 new rooms until 2013

Hamburg/Germany, October 11, 2007
Germany's hotel market expansion will not stop. In the next five years 179 first-class hotels and 49 luxury hotels with more than 37,000 rooms will be opened in Germany. According to tophotelprojects.com, one of the leading online databases for international hotel projects, most of the top hotel projects are planned for the major cities of Germany.

In the capital city of Berlin 49 first-class and luxury hotels with over 4,200 rooms are under construction and will be opened until 2013. In Hamburg 14 top hotels (with more than 2,500 rooms) are planned and in Munich 9 top hotels (with 1,700 rooms) are under construction. In Frankfurt the hotel market will welcome 12 new top hotels with more than 2,800 rooms.

A large number of planned top hotels will be managed by international hotel chains and operators, e.g. Hilton, Kempinski, Mandarin Oriental, Marriott and Rezidor. One of the most important top hotel projects this year will be The Charles hotel in Munich, No 3 of the Rocco Forte Collection in Germany (opening is scheduled for end of October 2007).

About the German hotel market
Today, more than 12,000 hotels (from business to wellness hotels and boarding houses) and over 33,000 other accommodation facilities are in operation in Germany. 2,800 hotels are 4 star rated (first class), 224 are luxury hotels (5 star rated). In total, over 4,480 hotels are focused on business travel. Over 5,900 houses are conference hotels and more than 4,600 hotels are dedicated to leisure guests.

For more information about the structure of the hotel market please contact CHD Expert Group (Germany): +49 4263 301 300, e-mail info@chd-expert.de, www.chd-expert.de.

About tophotelprojects.com - Your next customer is only one click away

Where are the new 4 and 5 star hotels around the world? For FF&E and market researches all important construction and renovation projects of the leading hotel industry are listed on www.tophotelprojects.com. Over 1,480 projects worldwide (about 520 projects in Europe and more than 350 hotel projects in Germany) are currently part of the online database tophotelprojects.com. All data are updated monthly by CHD Expert Group, which started this service two years ago.

"For hotel market and project researches tophotelproject.com offers a 24h service with attractive terms," says Andreas Rohde, sales manager of tophotelprojects.com. "Your next hotel customer is only one click away." The annual fees are: Global access (more than 1,400 projects) - EUR 2,500 per year / US-$ 3,375 per year; Europe access (over 520 projects) - EUR 1,500 per year / US-$ 2,025 per year; German/Austria/Switzerland access (more than 350 projects) - EUR 950 per year / US-$ 1,282 per year.

About CHD Expert Group: For ten years the CHD Expert Group (CHD) has supported the industry in collecting, managing and analyzing business data in the Away-from-Home market. Now CHD Expert Group is now recognized as the market's global leader and hold four million records across Europe and North America. The Away-from-Home market is enjoying phenomenal growth worldwide.

More information:
www.tophotelprojects.com
www.chd-expert.de

Contact:
Andreas Rohde, rohde.a@tophotelprojects.com
CHD Expert | Marktplatz Hotel GmbH
Veerser Weg 2b, D-27383 Scheessel / Germany
Tel. +49 (4263) 301 300, Fax +49 (4263) 301 333

Press services:
Carsten Hennig, presse@chd-expert.de
Tel. +49 (4263) 301 300, Fax +49 (4263) 301 333

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