Gossip circulating: Prestigious Munich train station hotel on sale for an estimated 60 million euros.
Hotel Excelsior Faces Uncertain Future Amid Sale Rumors
Hopping from one hotel to another along Schutzstraße, the sight of Hotel Excelsior stands out. With its glass entrance door, red carpet, and elegant canopy, it's a hidden gem in the heart of Munich. Yet, the name on the edge remains subtle, known only to the informed.
Could it be Time for a New Owner?
Whispers of the Excelsior being up for sale have been circulating. According to industry news service Green Street News, the hotel could fetch up to 60 million euros. The Geisel family, who are the current owners, have chosen to remain tight-lipped on the matter, with Katrin Rothenbacher-Weiß, the family's spokesperson, dismissing the sale rumors as mere speculation.
Business travelers find the Excelsior irresistible. The hotel boasts five modern conference rooms catering to up to 100 people, and a central location, making it a hotspot for corporate meetings. Meanwhile, the 114 rooms reminiscent of Bavarian country style, traditional staff uniforms, a traditional Bavarian restaurant, and an extensive wine selection add a touch of tradition to this modern conference hotel.
The Rise of the Geisel Family
The Geisel brothers, Carl, Michael, and Stephan, continue the family business established in 2009 when they were named "Hoteliers of the Year." Their portfolio includes three hotels, one restaurant, one wine shop, and one vineyard under the banner "Geisel Privathotels."
The illustrious Excelsior, now almost 90 years under the Geisel family's stewardship, has an interesting history. The family business traces its roots back to the operation of the Löwenbräu tent at the Wiesn near the turn of the 20th century. Their first hotel venture, the Hotel Rheinhof, opened its doors in 1935. The Excelsior followed in 1936, and the Hotel Königshof am Stachus later. During World War II, the Hotel Rheinhof was destroyed, with the U.S. occupying forces seizing the Excelsior as their headquarters. After reopening and a thorough renovation in the 1950s, the hotel added its own restaurant, Vinothek, in 1991.
Awaiting Clarity
Rumors of a sale are causing uncertainty about the future of this iconic Munich hotel. Whether these rumors hold truth or not, only time will tell. Should the sale go through, what becomes of the Vinothek is another question altogether. For now, all we can do is wait.
Bavarian Weather UpdateMassive thunderstorms are approaching Bavaria, with experts warning of extremely large hail[1].
Local News
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- Mild Weather: DWD warns of moist air streams into Bavaria, but severe weather is unlikely[4].
[1] Source[2] Source[3] Source[4] Source
The weathermen predict massive thunderstorms heading towards Bavaria, hinting at potentially large hail.
Despite the suspenseful speculations of a sale, the Geisel family remains silent on the potential transition of the iconic Hotel Excelsior.
