No other hotel in Munich manages to combine the subdued elegance of a design hotel, first-rate service, and perhaps the best city center location, overlooking Viktualienmarkt, as this hotel. Opened in 2009, this former bank is aiming for a slightly more affluent clientele, though some room prices are competitive. All of the interiors are unique, and the owners put their individual stamp on many of the designs. The oak floor in the Louis Room suite has been oiled just once, and provides an organic, natural feel. On entering this room, you get the feeling of walking into a cabin on a luxury cruise liner, with its curved lines and an elongated corridor. The huge pull-out trunklike contraption reveals a TV and minibar, a similar device is a cupboard for clothes. A few feet below, you can see the hustle and bustle of the Viktualienmarkt, and opening the balcony door allows you to hear Prost! as beer glasses are cracked together at the biergarten. Close the door and all is quiet again. There is a compact rooftop terrace with bar, with the historic St Peter's Church towering above and free Wi-Fi throughout. Look for the tiny, enticing chocolate store below the hotel.