Stayed 2 nights after arriving from Prague at Hauptbanhof (main train stn). Location was great for train station, but main Bayerstreasse street to town was somewhat sketchy (didnt' feel unsafe, though). 15-20 minute walk into main city square, Hofbrau Haus. Free morning breakfast was substantial and very good. Front desk staff seemed a bit condescencing toward non-German speakers that we were. Overall, value was good for Munich, but in the future, I would look elsewhere if we were not coming into and going out of Haptbanhof.
Just west of the old town, the area around the main station is crammed with hotels and pedestrian areas filled with shops. Further north is the city's museum district, which is home to the Alte and Neue Pinakothek, the Pinakothek der Moderne, the restored Glypothek, the Museum of Antiquities, and the Lenbachhaus, which exhibits the work of Bavarian painter Franz von Lenbach.