The Oktoberfest in Munich has been a fixed point for visitors who come to the Bavarian capital in autumn for decades. They enjoy the incomparable atmosphere of this gigantic festival. There you can get countless delicacies and beers from the best breweries in town. But what about behind the scenes? How much money does a landlord earn who runs a tent at the Oktoberfest? For a long time, there was no answer to any of these questions. Only a few years ago, concrete figures appeared in public. They showed that as a host with a tent at the Oktoberfest in Munich you can become a millionaire in two and a half weeks.
The information came to the public through a lawsuit. These pieces of information proved that you could earn a lot of money with a tent as a host. Even before that, taking over the tents was seen as a lottery win. That hits the spot. After all, the enormous tents hold a few thousand visitors. It is almost impossible to get a seat without a prior reservation. A few benches in each tent are only kept free for walk-in customers in the early afternoon. The beer and pretzel business is proving to be huge. For many years the innkeepers refused to talk openly about what they earned during the festival.
Earning A Villa Every Year?
The public speculated all the more about it. Everybody was sure that every landlord could earn at least one luxurious house in the trendy Haidhausen district of Munich per year. In the course of the process, it became clear that this assumption came pretty close to reality. The landlord concerned, Sepp Krätz, had to disclose his sales in court. So the astonishing public learned that the famous Oktoberfest tent Hippodrome owner earned more than 3.3 million euros every year. After deducting all costs and taxes, the landlord still had around 1.5 million euros net.
That’s a pretty high profit. After all, the Oktoberfest in Munich only lasts two and a half weeks per year. But remember that the hippodrome was just one of the smaller tents. So you can assume that the big tents will bring much higher profits to their owners’ coffers. For the host concerned, the good times with the process were over. He lost his status as a host. The organizers looked for a new one. That one was happy about the unique opportunity because he can assume that he will earn a lot of money with his tent. Since then, the Marstall has been a fixed point among the festival tents at the Oktoberfest in Munich. For all other hosts who have not yet received a chance, it means to keep waiting. Under normal circumstances, it is almost impossible to get one of the coveted spots on the site. That is no wonder because everyone here has managed to find a great financial livelihood.