Main Photo: The Palace Hotel Tallinn
Date: April 2021
Location: The Old Town, Tallinn, Estonia
Name: The Palace Hotel Tallinn, a member of Radisson Individuals.
No. of Keys: 79
Seller: Built in 1937, Palace Hotel Tallinn, a member of Radisson Individuals was designed by the Estonian architect, Elmar Lohk, known for his 1930s architectural style combining functionalism with influences of the Chicago school and traditional art.
The hotel was nationalised by the Soviet Regime on November 23, 1940, and was administrated by the Bureau of Guesthouse within the Tallinn City Government and later by the Tallinn Hotel Trust.
The hotel maintained its elite status even in the early years of Soviet Estonia, with foreigners and important guests staying there. In 1988-1989 the Palace Hotel was completely renovated by Finest Hotels and in the 1990s, the Palace Hotel was the first modern business hotel to meet Western standards.
In 1999 the Palace hotel and other Finest hotels were merged with Scandic. In 2014 hotel was again completely renovated and operated by local company Tallinn Hotels, who operated the property until May 2020.
In September 2020 the Palace Hotel got a new operator – HMP Hotellid OÜ, who operate the property today.
Buyer: Located at the entrance to the Old Town, Radisson Hotel Group has announced the opening of Palace Hotel Tallinn, a member of Radisson Individuals. Built almost 100 years ago and respectfully renovated, this monument of national architectural heritage is the first Radisson Individuals in the Baltic region.
Palace Hotel Tallinn, a member of Radisson Individuals offers 79 rooms and suites, including a Presidential Suite stretching across 150 sqm, which consists of a large studio with seating area for eight guests, a kitchen area with dining table for six, sauna, private office and meeting room. The hotel’s air-conditioned fitness center is equipped with large mirrors and cardiovascular machines by LifeFitness as well as an indoor swimming pool and spa with Turkish bath, jacuzzi, steam bath and sauna. Business guests can use the hotel’s modern meeting space for a variety of meetings and gatherings. The all-day dining Restaurant Konrad offers both international and local cuisine prepared from quality produce whilst the Gallery Bar offers morning coffees, varied menus as well as a special pizza menu.
Located in the heart of Tallinn Old Town, steps away from Tallinn’s Freedom Square, one of the most popular meeting places in the city bordering the Old Town, the hotel invites guests to explore the historic cobblestone streets of Estonia’s cultural hub. Today, Tallinn’s rich cultural landscape blends with digital innovation as the home to the highest number of start-ups per person in Europe and the birthplace of some of the world’s leading technology companies, making it one of Eastern Europe’s most popular weekend destination getaways.
Tom Flanagan Karttunen, Area Senior Vice President Northern & Western Europe, Radisson Hotel Group, says: “We are very excited to announce our first Radisson Individuals in the Baltic region. This is an excellent hotel, which will offer our guests a property in the famous Tallinn Old Town area. The Radisson Individuals brand is a perfect match for this stunning hotel and historical area and with this opening we further strengthen our position as the leading international hotel group in the area”.
The hotel is located 1.3 km away from Tallinn’s main train station and 2.3km away from the Port of Tallinn. Tallinn Airport is 4.1km away from the hotel. Most tourist sights and the primary shopping streets are accessible by foot, as Tallinn’s main attractions are scattered throughout the Old Town.
Ain Käpp & Kaido Ojaperv on behalf of the operating company HMP Hotellid OÜ commented: “Tallinn’s legendary Hotel Palace has always strived to provide its guests with exceptional service. Now we can take the next important step forward in the development of the services offered.”
THPT Comment: Good to see the launch of this new brand in the Baltics and the re-use of such a grand old building.
First Seen: Radisson press release
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