As a company with German roots, the Steigenberger Hotel Group always places particular emphasis on expansion within its core market. The Steigenberger Hotel Munich represents a targeted strengthening of its portfolio and fills one of the last blank spaces on the map. The hotel is scheduled to open in 2017.
The Steigenberger Hotel Munich will offer 292 rooms and suites together with a restaurant and bar. A large conference facility extending over an area of 1,200 m² will provide plenty of space for meetings, whilst those seeking relaxation will very much enjoy the 300 m² health and beauty spa and gym area.
“Munich is one of the world’s leading destinations,” says Puneet Chhatwal, CEO Steigenberger Hotels AG. “We had it right at the top of our expansion list as a site for a Steigenberger Hotel and Resort. The Bavarian capital is the ideal location for the very successful continuation of our national and international growth.”
Steigenberger operates the hotel under a Lease Agreement. The Lessor is Swiss Life Germany, a financial advisory and insurance company. “We are delighted to have entered into this partnership with the prestigious Steigenberger Hotel Group. The new hotel will be created in a special property, which was previously the headquarters of our insurance activities in Germany. The conversion of this office building into an appealing, state-of-the-art hotel is an exemplary project,” says Stefan Mächler, Chief Investment Officer of the Swiss Life Group.
