We are happy to present our latest hotel market report on the two largest cities in Saxony and eastern Germany: Dresden and Leipzig.
The picturesque and baroque capital of Saxony, Dresden, has been known as “Florence on the Elbe”. Favourably located on the river Elbe, it is close to both the Polish and the Czech border. Around 120 km north-east of Dresden lies Leipzig with its circa 15 lakes. It is the most populated city in Saxony and historically one of the primary trade centres in Germany.
On the one hand, Dresden is renowned for the coffee filter invention (1908); countless landmarks and events on the riverside; the delicious Eierschecke cake and the Radeberger beer. Leipzig, on the other hand, presents itself as the main business and educational city in eastern Germany. It is home to the second-oldest university (1409), as well as to the first daily newspaper in Germany (1650), and at the same time, offers the famous Lerchen dessert and Allasch schnapps to its visitors.
Moreover, economic growth, tourism demand increase as well as numerous fairs and congresses – such as HAUS in Dresden and the Book Fair (with a quarter million visitors annually) in Leipzig – have landed both cities into the investors’ focus.
Would you prefer the charming baroque Dresden or the buzzing student atmosphere in Leipzig? This hotel market review gives you an insight into the Dresden and Leipzig markets.
Source Christie & Co