At the site of the present hotel building, there used to be a well known brewery owned by Johannes Heil, which had existed since the first half of the eighteenth century. But, like most of the city, it was destroyed in the bombing in 1849. In the year 1854 Johannes Eigler bought this land and began to build the hotel. The first name of the hotel was hotel "Elizabeth", in 1922. was changed to "Hotel Queen Mary," and today's name was given after the Second World War, when the hotel was nationalized. It was built in the classic style, with a 60 meters wide facade. Between 1895 and 1928, at the courtyard of the hotel, the Dundjerski Theatre existed.