Munich has Germany’s most expensive hotel market alongside Frankfurt, driven by Oktoberfest, major trade fairs (BAUMA, IFAT, ISPO), and year-round business travel. Hotel prices swing more dramatically here than in any other German city: a room that costs €120 in November can hit €500 during Oktoberfest.
This guide names specific properties, provides 2026 price ranges in euros, and explains where to stay for different trip types. For area context, see the Munich neighborhoods overview.
Where to Stay in Munich: Best Hotels by Area and Budget
Luxury Hotels in Munich (€300-800 per night)
Hotel Bayerischer Hof (Promenadeplatz 2-6) has anchored Munich’s luxury scene since 1841 with 337 rooms across five different design styles, a rooftop terrace, and the famous Falk’s Bar. Rooms from €350. Mandarin Oriental Munich (Neuturmstraße 1) offers 73 rooms and suites near the Hofbräuhaus with a rooftop pool and city views; rooms from €450.
Hotel Vier Jahreszeiten Kempinski (Maximilianstraße 17) on Munich’s most expensive shopping street provides old-world luxury from €380. Rosewood Munich (Kardinal-Faulhaber-Straße 1), opened in 2023 in the former State Bank building, is Munich’s newest luxury entry with rooms from €500.
Mid-Range Hotels in Munich (€130-280 per night)
Hotel Laimer Hof (Laimer Straße 40) near Nymphenburg Palace offers family-run charm in a quiet location from €130. Motel One München-Sendlinger Tor (Herzog-Wilhelm-Straße 28) provides the reliable Motel One formula with stylish budget-conscious rooms from €110-180. Hotel Torbräu (Tal 41) is Munich’s oldest family-run hotel (since 1490) at the edge of the Altstadt, rooms from €180.
In Schwabing, Hotel Schwabinger Wahrheit (Hohenzollernstraße 120) delivers clean, modern rooms from €140. For the best time to visit Munich for mid-range value, target January, February, or November when these hotels drop 30-40%.
Budget Hotels in Munich (€60-130 per night)
The Meininger Hotel Munich City Center (Landsberger Straße 20) near the main train station offers private rooms from €80 and dorm beds from €25. Hotel Metropol (Mittererstraße 7) near the station provides clean, small rooms from €85 with breakfast included.
Wombats City Hostel (Senefelderstraße 1) near the station has dorm beds from €30 and private rooms from €90, with a popular bar. Euro Youth Hostel (Senefelderstraße 5) offers dorm beds from €25 in a historic building with a lively bar. Budget hotels near the Hauptbahnhof (main station) are convenient but the immediate station area is Munich’s grittiest neighborhood.
Where to Stay in Munich for Oktoberfest
Hotels within walking distance of Theresienwiese (the Oktoberfest grounds) book 6-12 months ahead and charge 3-5x normal rates. If you’re attending, any hotel or apartment within a 30-minute U-Bahn ride of Theresienwiese works. Consider staying in neighborhoods like Sendling, Laim, or Pasing west of the center for lower rates with U-Bahn access.
The Munich Oktoberfest guide covers festival logistics in detail. For business travelers who accidentally book during Oktoberfest: reschedule if possible.
