I stayed in this hotel with my family including 2 young children (aged 3 and 6) for 5 nights over New Year.
I have to clarify that I am on the more particular side when it comes to hotels, and am normally accustomed to staying in accommodation that really enhances our holidays through modern rooms and facilities, exceptional personalised service and fine attention to detail. From this perspective, Exquisit Hotel is quite ordinary, and that is why I have given it a 3 star rating.
I decided to book this hotel because they were one of the few available that were able accommodate 2 kids in the one room, and the location is very convenient. It is on a very secluded street, but just a 10 minute walk to the central train station in one direction, and 10 minutes down Sendlinger Tor (a great street to window shop and stroll down) to Marienplatz.
The rooms are quite dated, although they are clean enough (if you don't happen to have to look under the edge of the sofa for a fallen piece of kid's playmobil!). Reception is helpful with directions. The breakfast menu has a reasonably good range. The staff there were accommodating when we requested raw carrot sticks for the kids on a couple of occasions.
Linen is quite basic, so are the toiletries. It would be best to bring your own - the liquid soap was very drying and my hands were dried out from it.
Internet was an exercise in frustration. You have to enter a code and password every time you login, and even then it was very slow.
We did receive a 20% discount because the lift was not working our entire stay. Despite this, it was still our most expensive stay of our trip (which also included Christmas), and the most basic accommodation. In fairness, I understand that Munich is one of the most expensive places to stay in.
Overall, I do think the location was very convenient. If you do not have the expectation of having a little luxury away during your stay then I think it would be acceptable accommodation.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC.