Global investment management platform Lifestyle Hospitality Capital (LHC) Group has acquired the Roomers Munich Hotel in an off-market transaction, securing a strategic hotel for its European portfolio.
The 280 room lifestyle hotel will undergo an extensive renovation programme to deliver an elevated hotel offering and enhance the food & beverage experience.
Keith Evans, Founder & CEO of LHC said: 'We are thrilled to have acquired such a high-profile and respected hotel in the sought after Munich hotel market.
'The hotel is of institutional quality and well-established in the local market. This is an exciting first move for the Dean Group as it begins to build its presence across continental Europe.'
The hotel will be operated by the Dean Group, which operates other leading lifestyle hotels such as The Dean, The Clarence and The Leinster in Dublin, as well as restaurants and bars such as Sophie’s, Ryleigh’s and Layla’s.
The Dean Group is a dedicated hotel real estate, brand and management platform based in Dublin. It manages nine distinctive freehold properties across Ireland and Germany, comprising around 1,100 hotel rooms (including ongoing developments), 35+ bars, restaurants and wellness facilities.
