Germany: Investment management platform Lifestyle Hospitality Capital (LHC) has acquired the Roomers Munich Hotel to expand Dean Group into Europe, backed by funds managed by Elliott Investment Management.
The 280-room Roomers Munich Hotel, an Autograph Collection property, features four F&B venues, a spa, and two event spaces.
It will undergo a renovation under management of the Dean Group, marking the first hotel in Europe to be operated by the team.
Keith Evans, founder and 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 Dean Group portfolio includes nine hotels across Ireland and Germany, comprising approximately 1,100 rooms inclusive of pipeline.
Expansion into Europe follows the 2023 acquisition of Clarence Hotel in Dublin by Press Up Hospitality Group, which at the time owned the Dean Group platform.
A majority stake in Dean Group was then acquired by Lifestyle Hospitality Capital the same year.
LHC was founded in 2023 with a focus on value‐add investment opportunities across lifestyle hospitality and operational real estate, including coworking, coliving, extended stay and wellness.
