After two years of extensive renovation, Boris Schran and Simon Lutz, partners at the European investment manager Peakside Capital Advisors AG (Peakside), recently handed over the keys to the former Grandhotel Hessischer Hof in Frankfurt to Puneet Chhatwal, Managing Director and CEO of Indian Hotels Company Limited (IHCL). The icon of Frankfurt’s luxury hotel industry has now reopened on June 1, 2026 under a new flag as the Taj Hessischer Hof Frankfurt.
The hotel has been given a completely new design that adds modern touches while respecting the architectural integrity of the building. The rooms are redesigned throughout, with Indian colour accents predominating. The hotel now offers around 130 luxurious guest rooms and suites, various conference rooms, the Indian restaurant “Bombay Brasserie”, several terraces, a winter garden, a spa and fitness area and an underground car park. The legendary Jimmy’s Bar has been preserved with its historic charm. The Chambers, India’s first exclusive business club, is also opening a branch in the hotel.
Boris Schran comments: “We are very pleased that the legendary Hessischer Hof, with its long tradition as a five-star hotel at the Frankfurt Trade Fair, is now opening its doors again as the Taj Hotel. Many former guests and visitors nationwide and internationally have been eagerly awaiting this moment, as has the city of Frankfurt am Main.”
Simon Lutz adds: “We are sure that we have found the right new operators for the Hessischer Hof in IHCL and Taj. With their long experience in the luxury hotel industry, they will lead the hotel into a bright future. We wish them every success.”
Puneet Chhatwal is also delighted: “With the Taj Hessischer Hof Frankfurt, we will continue to write the history of this large house at the highest level. We are very proud of this task. For more than a century, the Taj brand has stood for luxury hotels in a class of their own, for sincere cordiality and holistic care. We are now bringing these characteristics to Frankfurt and want to set new benchmarks here. We would like to thank Peakside for the good cooperation over the past few years and look forward to continuing our partnership.”
Peakside acquired the Grandhotel Hessischer Hof from the Hessische Hausstiftung in December 2022 and signed a 20-year lease agreement in 2023 with the renowned Indian hotel company IHCL, which is part of the Tata Group. IHCL has a portfolio of more than 270 hotels in eleven countries on four continents. With the Hessischer Hof, IHCL will operate the first Taj Hotel in continental Europe. Since the beginning of June, the hotel has been welcoming guests again under the management of Albert Mayr.
