Construction began in 1921. The six-floor building was open on 12 May 1923 and at the time it was "the most beautiful and most modern hotel in the entire kingdom (Yugoslavia), and by the experts' judgment, it had no match in the entire Balkans".
Building construction commenced in 1921. The six-floor edifice was inaugurated on 12 May 1923 and at that time it was "the most beautiful and the most contemporary hotel in the entire realm (Yugoslavia), and by the experts' assessment, it had no equal in the entire Balkans".