The Dean Group, a partnership between Lifestyle Hospitality Capital (LHC) and funds advised by Elliott Investment Management, has recently acquired Roomer’s Munich hotel in Germany, expanding its European portfolio. The group has big plans for the 280-room lifestyle hotel, intending to enhance the overall guest experience by upgrading amenities and improving the food and beverage options.
The hotel, to be managed by The Dean Group, offers various dining choices, including IZAKAYA Asian Kitchen & Bar, Servus Heidi, Lobby Lounge & Bar, and Roomers Bar. Additionally, it features event spaces capable of hosting up to 300 guests, with facilities like the RED event room, an event kitchen, and four boardrooms. Guests can also enjoy amenities such as a gym and a spa with a sauna, steam bath, and an infinity jacuzzi.
LHC founder and CEO Keith Evans expressed excitement about the acquisition, emphasizing the hotel’s exceptional quality and reputation in the Munich market. This strategic move represents the Dean Group’s initial step in establishing a presence across continental Europe. Notably, this acquisition follows a previous agreement where the majority interest in The Dean Hotel Group was sold to an investment vehicle managed by the LHC Group, valuing the portfolio at €350m.
In addition to Roomer’s Munich hotel, The Dean Group currently operates various hotels, restaurants, and bars in Dublin, including The Dean, The Clarence, The Leinster, Sophie’s, Ryleigh’s, and Layla’s. With this latest acquisition, the group is poised to further solidify its position in the European hospitality market and continue delivering exceptional guest experiences across its properties.
