The automated analysis of large areas with respect to land-cover and land-use is nowadays typically performed based on the use of hyperspectral or multispectral data acquired from airborne or spaceborne platforms. While hyperspectral data offer a more detailed description of the spectral properties of the Earth’s surface and thus a great potential for a variety of applications, multispectral data are less expensive and available in shorter time intervals which allows for time series analyses. Particularly with the recent availability of multispectral Sentinel-2 data, it seems desirable to have a comparative assessment of the potential of both types of data for land-cover and land-use classification. In this paper, we focus on such a comparison and therefore involve both types of data. On the one hand, we focus on the potential of hyperspectral data and the commonly applied techniques for data-driven dimensionality reduction or feature selection based on these hyperspectral data. On the other hand, we aim to reason about the potential of Sentinel-2 data and therefore transform the acquired hyperspectral data to Sentinel-2-like data. For performance evaluation, we provide classification results achieved with the different types of data for two standard benchmark datasets representing an urban area and an agricultural area, respectively.