I know Rick Steves recommends this hotel, but I suggest that Rick Steves stops recommending a this hotel. It was by far the worst experience I've had at a hotel Rick Steve's recommended.
I have stayed at 8 hotels he has recommended, they were fantastic. Only hotel Monaco was awful.
Overpriced, lying staff pretending they don't take credit cards, terrible accommodations. Hot and noisy in summer!
There are many better options for Munich, I would recommend they Courtyard Meriott or chain hotel for Munich, they give the best value and quality for price.