26 May 2026
Frankfurt am Main, June 2, 2026 – Following a two-year, extensive refurbishment, 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 the Indian Hotels Company Limited (IHCL). This icon of Frankfurt’s luxury hotel industry reopened on 1 June 2026 under a new banner as the Taj Hessischer Hof Frankfurt.
The hotel was given a completely new design that incorporates modern touches whilst respecting the building’s architectural integrity. The rooms have all been refurbished, with Indian colour schemes taking centre stage. The hotel now offers around 130 luxurious guest rooms and suites, various conference rooms, the Indian restaurant ‘Bombay Brasserie’, several terraces, a conservatory, a spa and fitness area, and an underground car park. The legendary Jimmy’s Bar has retained its historic charm. The Chambers, India’s first exclusive business club, is also opening a branch within the hotel.
Boris Schran says: “We are delighted that the legendary Hessischer Hof, with its long tradition as a five-star hotel close to the Frankfurt Trade Fair, is now reopening its doors as a Taj Hotel. Many former guests and visitors from across Germany and around the world have been eagerly awaiting this moment, as has the city of Frankfurt am Main.”
Simon Lutz adds: “We are confident that we have found the right new operators for the Hessischer Hof in IHCL and Taj. With their extensive experience in the luxury hotel industry, they will lead the hotel into a bright future. We wish them every success.”
Puneet Chhatwal is equally delighted: “With the Taj Hessischer Hof Frankfurt, we will be continuing the history of this great establishment to the highest standards. We are very proud to take on this task. For more than a century, the Taj brand has stood for luxury hospitality of the highest order, genuine warmth and comprehensive service. We are now bringing these qualities to Frankfurt and aim to set new standards 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 across eleven countries on four continents. With the Hessischer Hof, IHCL will operate its first Taj hotel in continental Europe. Since the beginning of June, the hotel has been welcoming guests again under the management of Albert Mayr.
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About Peakside
Peakside Capital Advisors AG is a European investment manager. The private-equity company manages assets worth over EUR 1.7 billion on behalf of institutional investors. Peakside implements differentiated investment strategies tailored to specific investor needs, ranging from core to value-add, and opportunistic investments in commercial and residential assets. The company has in total acquired assets worth EUR 4.7 billion. Peakside’s investment spectrum includes single properties, developments as well as portfolios, distressed debt and real estate operating companies. The firm employs a team of more than 45 professionals in its offices in Frankfurt, Zug, Warsaw, Prague, Munich and Luxembourg.
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Press contact
Angela Oelschlägel
Feldhoff & Cie. GmbH
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www.feldhoff-cie.de
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2025 and India’s Strongest Brand 2025 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; Brij, an experiential leisure offering; Atmantan, one of India’s leading integrated wellness destinations; SeleQtions, a named collection of hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations; Vivanta, sophisticated upscale hotels; Tree of Life, private escapes in tranquil settings and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 630 hotels including 255 in the pipeline globally across 4 continents, 15 countries and over 300 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
Please visit: IHCL; Taj; Claridges Collection; Brij ; Atmantan; SeleQtions; Gateway; Vivanta; Tree of Life; Ginger
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