Munich, the capital of Bavaria, is home to centuries-old buildings and numerous museums. The city is known for its annual Oktoberfest celebration and cavernous beer halls, including the famed Hofbräuhaus, founded in 1589. In the walkable Old Town, Marienplatz is a central square containing landmarks such as Gothic Neues Rathaus (town hall), with a popular glockenspiel show. Munich is the third largest city in Germany, after Berlin and Hamburg, with a population of around 1.5 million. The Munich Metropolitan Region is home to 5.8 million people. Munich is home to many national and international authorities, major universities, major museums and theaters. Its numerous architectural attractions, international sports events, exhibitions, conferences and Oktoberfest attract considerable tourism. There are two annual markets and a main fresh food market. Nightlife in Munich is located mostly in the city centre (Altstadt-Lehel) and the boroughs Maxvorstadt, Ludwigsvorstadt-Isarvorstadt, Au-Haidhausen and Schwabing.