Munich OpCo GmbH operates the hotel “Andaz München Schwabinger Tor” on Leopoldstrasse in Munich with 277 guest rooms and various conference rooms (1,035 sqm). The hotel is assigned to the business segment and reported revenues of TEUR 28,467 in 2023. In the 2023 fiscal year the company recorded a net profit of TEUR 1,422. The sole shareholder is Hyatt International Corporation (Chicago, USA) and the parent company issued a hard letter of support on August 10, 2023 to secure liquidity.
Der Betrieb und das Management eines Hotels in München.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Mainz Local Court, HRB 47717 (as of 1 November 2026)
| Name | Type | City |
|---|---|---|
| Peter Böschen | Geschäftsführer(in) | Rafz |
| Devin Griffith | Geschäftsführer(in) | Chicago |
| Jan van der Ree | Geschäftsführer(in) | Berlin |
Source: German Commercial Register (Handelsregister) Mainz Local Court, HRB 47717 (as of 1 November 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2023 | €28,466,725 | €1,422,379 | €15,247,412 | — |
| 2022 | €23,191,819 | €1,803,788 | €15,818,867 | — |
| 2021 | €12,298,166 | -€3,320,650 | €14,877,690 | — |
| 2020 | €8,910,575 | -€4,273,793 | €8,738,725 | — |
| 2019 | €16,988,013 | -€3,499,802 | €5,406,425 | — |
| 2018 | €1,669,814 | -€8,160 | €160,535 | — |
| 2017 | €99,649 | -€4,372 | €127,691 | — |
| 2016 | €0 | -€1,788 | €45,588 | — |
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Source: German Commercial Register (Handelsregister) Mainz Local Court, HRB 47717 (as of 1 November 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €6,853,062 | 100.0% |