#10: Berlin

Berlin over Tiergarten Park
Berlin through a view over Tiergarten Park.

Berlin is number 10 on Savills list of hot European cities for hotel investment. Berlin is a city that continues to evolve, offering a hip collection of neighborhoods that shows that this city is more than just a Wall

It makes sense as an investment opportunity. But is oversupply a concern?

Berlin hotels are making steady profits and recorded an 8-percent year-on-year increase in total revenue in April that, combined with cost-cutting, fueled a 29-percent increase in profit per room, according to recent data from profit and loss benchmark service HotStats. 

Since the German capital is a consistent high performer, developers are now eager to profit—and a total of 8,300 rooms are due to open in the next two years, dependent on demand from both leisure and corporate travelers.


#10: Berlin

Suggested Articles

The country's first Radisson hotel will open in late-2021 in the city of Perm.

Ahead of next year's IHIF in Berlin, Corinthia's SVP/Hotel Development Paul Pisani shared how the company is wrangling new trends in luxury travel.

The company experienced an 0.8 percent decline in revenue per available room in constant currency and a 1.9 percent decline at actual exchange rates.