In recent years, revenue development in the German accommodation industry showed steady growth. Currently there are over 51 thousand open and running accommodation establishments in Germany, with roughly 424 million overnight stays recorded in 2014. Germany is among the ten leading travel destinations worldwide, besides France, Spain and the USA. The share of overnight stays by guests from abroad amounts to an average of roughly 18 percent in German accommodation establishments. Large cities in particular profit from this development. In 2014, roughly 12.5 million foreign guests spent the night in Berlin. In total, the accommodation establishments in the German capital counted almost 28.7 million overnight stays that year.
With roughly 179 million overnight stays in 2015, the hotel is so far the most used type of accommodation in Germany. The average capacity utilization of beds available amounted to roughly 44 percent in 2014. Currently Hamburg has the highest occupancy rate among German cities, at roughly 80 percent. Hotels with 30 to 99 beds were most common on the German hotel market. The average net price for a hotel room in Germany is 89 euros per night, as of 2015. The revenue per available room (RevPAR) is highest in Munich, at roughly 87 euros. The Hotel Bayerischer Hof generated roughly 63 million worth of revenue in 2014, and is the most profitable hotel in Germany.