Rosewood Munich to Open in Early 2023
Date: December 2017
Location: Housed in two landmark, historical buildings comprised of the former headquarters of the State Bank of Bavaria and the adjacent Palais Neuhaus-Preysing, a former grand aristocratic residence, at Kardinal-Faulhaber-Strasse in the heart of the historic city centre.
Name: Rosewood Munich – opening 2023
No. of Keys: 132, a full service spa, which will house five treatments rooms, as well as an indoor pool and fitness area. Additionally, the hotel will include extensive meetings and events spaces to accommodate a variety of private gatherings, conferences, and special events for up to 400 guests.
Seller:
Buyer: Bayerische Hausbau, who have appointed Rosewood to manage the hotel. Bayerische Hausbau is one of the largest full-service real estate companies in Germany.
With a portfolio valued at about 2.5 billion euros, it holds a leading position in its core market Munich.
Bayerische Hausbau bundles the Schörghuber Corporate Group’s real estate and construction activities under its roof. The range of services it offers covers the business segments real estate and development.
This includes professional portfolio and asset management, the management of the properties in the Group’s own portfolio, as well as classic property development activities.
Bayerische Hausbau is part of the Schörghuber Corporate Group, which operates three other business divisions, Beverages, Hotels and Seafood.
Their hotel business with the management company Arabella Hospitality operates 15 properties in Germany, Switzerland and Mallorca. The majority of hotels are managed by Starwood Hotels & Resorts Worldwide, part of Marriott International Hotels & Resorts since 2016.
It will be Rosewood’s first property in Germany and seventh property in Europe.
Which are, Rosewood Castiglion del Bosco in Tuscany, Rosewood London, and the newly reopened Hôtel de Crillon, A Rosewood Hotel in Paris.
Additional upcoming properties in Europe include Rosewood Vienna, Rosewood Edinburgh, and Rosewood Hotel, Grosvenor Square in London.
“We are pleased to have gained an internationally renowned partner for our project in Rosewood Hotels & Resorts.
The objective of the project is to offer the city an entirely new hotel experience: a hotel in the most exclusive hotel segment that will provide a contemporary interpretation of the historical charm of the buildings,” says Dr. Hermann Brandstetter, CFO Bayerische Hausbau.
Rosewood Hotels & Resorts® manages 21 luxury properties in 12 countries, with 16 new hotels under development and is headed up by Sonia Cheng, CEO.
THPT Comment: Munich will be all the richer for the addition of Rosewood Munich. The Rosewood collection includes some of the world’s most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in New York, Rosewood Mansion on Turtle Creek in Dallas and Hôtel de Crillon, A Rosewood Hotel in Paris, as well as new classics such as Rosewood Beijing.
First Seen: Rosewood website