New start in Fürth: Pyramid Hotel will soon open its doors again!

New start in Fürth: Pyramid Hotel will soon open its doors again!

The city of Fürth is on the verge of an exciting new beginning in the hotel sector. After the Hotel Pyramide is finally closed in August 2022, a medium-sized hotel chain is planning to reopen the hotel in the first quarter of 2026 under the new name Pyramid Hotel. The hotel, which opened in 1994, has had an eventful history, marked by several owners and temporary closures. The last operators had to close the hotel due to technical defects and ultimately a lack of staff after it reopened in 2018 after renovation as the Excelsior Hotel Nürnberg-Fürth.

What can guests expect at the new Pyramid Hotel? After extensive renovations, which include both the interior design and the building services, the hotel will have 101 rooms designed to meet upscale expectations. In addition, the hotel will be established as a conference and event location. These measures are necessary to meet the increased demand for overnight stays in Fürth. According to tageskarte.io, the city has further potential as the overnight accommodation capacity is perceived as insufficient.

The importance of the hotel industry in context

The hotel industry plays a central role in Germany. In 2024, more than half of German travelers used hotels as holiday accommodation. Statista reports that the number of users in the hotel segment could increase to over 1.8 billion by 2029 and sales worldwide are expected to increase to around 475 billion euros. This shows how crucial the development of the hotel in Fürth is in relation to the general trends in the industry.

In addition, the hotel industry is an important economic sector in Germany. Around 265,300 people work in this sector, and sales in the German hotel industry are expected to increase to almost 19.5 billion euros by 2029. Given these numbers, the reopening of the Pyramid Hotel could be of great benefit not only to the city but also to the region as a whole.

A historical review

The Hotel Pyramide has an eventful history behind it. Originally opened in 1994, it was forced to close in 2016 due to technical defects, which was followed by a legal dispute over rent arrears. After the former tenants went bankrupt and a subsequent renovation, it reopened as the Excelsior Hotel in 2018. But the corona pandemic posed a massive challenge for the hotel, which ultimately resulted in its closure again in August 2022.

The upcoming reopening is not only a sign of change in the Fürth hotel market, but also a glimmer of hope for the local economy. It remains to be seen how the Pyramid Hotel will perform in its new look and what impulses it can provide for the hotel industry in the region.