Overall, the rooms are nice, clean, and well maintained. The staff is super accommodating also, and the location is conveniently close to the heart of Munich.
My only complaint is really with the security. The hotel uses electronic codes for everything (entry, elevators, etc), and it feels like it would be really easy for someone to look over your shoulder and learn the code to your room. Combine that with the relatively rowdy neighborhood and it was enough to make us feel just a little uncomfortable.