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March 2020

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Hotels 03 March 2020

Hotel Market Germany 2019: Increasing competitive pressure despite record demand

For 10 years in a row, demand records have been breaking every year and in 2019, hotels and B&Bs in the 6 largest German cities recorded another overall increase in overnight stays of almost 5%. However, the market is also constantly changing in terms of supply. “In 2019 alone...

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