I've seen some comment about rooms being small. The nature of the building somewhat dictates this, and for a single, mine was absolutely fine. The same goes for the small lift - you'd struggle to fit a bigger one in, so be patient! There's obviously been a refurbishment, which I liked, and the staff were great. I didn't have the breakfast, so can't comment on that. The location is great, right in the heart of the Alte Stadt, with many key spots within walking distance. The market itself is fantastic, too (be prepared at the beer stall and a couple of the coffee places for cash only transactions). There are some potential downsides - no fridge or kettle in the room - but neither of these bothered me. A double set of windows meant that personally I didn't find things noisy. I will certainly return to this hotel next time I'm in Munich.