Frankfurt: a ‘tried and tested’ market

The city of Frankfurt is an economic and financial metropolis, claims Owner Invest…

Home to 3000 branches of foreign companies and 600 banks its boasts the continent’s largest airport, European road and rail junction and with a 170 hotels totalling some 24,000 beds it is enjoying 80% occupancy, showing a steady increase year on year.

Mark Bingham Managing Director of Owner Invest says, “Frankfurt is a tried and tested market in a city that welcomes millions for business and pleasure each year.

"Since 2005 occupation of hotel rooms that fall into the economy category has averaged between 73% and 89%. The average room rate for ‘economy rooms’ has increased at a steady 4% per year and the average price for an economy room stands at £64.