DACH destination pipeline June 2026, chain hotels and rooms: Berlin 32 / 3,218; Hamburg 40 / 2,959; Vienna 17 / 1,484; Munich 10 / 1,433; Düsseldorf 5 / 1,136; Frankfurt/Main 7 / 925; Hanover 5 / 876; Rostock 5 / 771; Zurich 4 / 760; Bochum 3 / 542. Construction prices up about 5% in twelve months; construction loan rates 3.6 to 4.2% in August 2026; rooms under construction down from about 30,000 to about 29,000.