Kempinski Hotels has signed an agreement to manage the Nymphenburg Palace Royal Residence in Munich. In partnership with Prince Luitpold von Bayern and the Royal Family of Bavaria, Kempinski began managing the private residence exclusively from March 1. Spread over three floors with a total of 836 sq m, the Royal Residence features four bedrooms, seven bathrooms, three living rooms, a dining room, a kitchen, a fitness room, meeting space, a home cinema, and a wine cellar.