The Hotel Bayerischer Hof is a five-star luxury 350-room hotel in the city center of Munich, Germany. It is mainly housed in an 1841 building. As of 1924, it was the largest hotel in Europe. Since several decades it is a member of The Leading Hotels of the World. The hotel is owned by the Volkhardt family since 1897. The current number of employees is 650. In 1969, the adjacent Palais Montgelas, built in 1813, was added to the hotel. The main building has 7 storeys plus a public used basement. Annually in February, the international Munich Conference on Security Policy (Münchner Konferenz für Sicherheitspolitik) is held here for three days.