We consider the Hamiltonian dynamics and thermodynamics of spherically
symmetric spacetimes within a one-parameter family of five-dimensiona
l Lovelock theories. We adopt boundary conditions that make every clas
sical solution part of a black hole exterior, with the spacelike hyper
surfaces extending from the horizon bifurcation three-sphere to a time
like boundary with fixed intrinsic metric. The constraints are simplif
ied by a Kuchar-type canonical transformation, and the theory is reduc
ed to its true dynamical degrees of freedom. After quantization, the t
race of the analytically continued Lorentzian time evolution operator
is interpreted as the partition function of a thermodynamical canonica
l ensemble. Whenever the partition function is dominated by a Euclidea
n black hole solution, the entropy is given by the Lovelock analogue o
f the Bekenstein-Hawking entropy; in particular, in the low temperatur
e limit the system exhibits a dominant classical solution that has no
counterpart in Einstein's theory. The asymptotically flat space limit
of the partition function does not exist. The results indicate qualita
tive robustness of the thermodynamics of five-dimensional Einstein the
ory upon the addition of a nontrivial Lovelock term.