Germany's largest hotel about to get even bigger

Bloomberg reports that the Estrel Berlin, reportedly Germany’s largest hotel, is about to get bigger after the owner of the 19-year-old building announced plans to expand its conference hall to accommodate 4,200 more visitors.

The hotel, in Berlin’s Neukoelln district, will add 83,000 square feet to its existing 161,000-square-feet of convention space. The hotel's owner is Estrel Hotel-Betriebs-GmbH. Construction work is due to be completed in 2015 and will cost the company about 20 million euros ($27 million).

Why the edition? Bloomberg reports that Berlin hotel construction is booming as developers take advantage of increasing tourism. Berlin had 126,000 hotel beds last year, 18 percent more than in 2009, according to data compiled by the German Hotel Association. The number of visitors to Berlin rose by 30 percent to 10.8 million in that period, according to Berlin’s tourism and conventions office.

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The Estrel has 1,125 rooms. The Park Inn Alexanderplatz, also in Berlin, is reportedly the country’s second-largest hotel with 1,012 rooms.

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DTZ Investors has purchased the property along with other real estate for more than £70 million.