The Pier Hotel of 1860 and the building that was the Great Eastern Hotel of 1864 can both been seen on the quayside, both reflecting the town's new importance to travellers following the arrival of the Great Eastern Main Line from Colchester in 1854. In 1923, The Great Eastern Hotel was closed by the newly formed LNER, as the Great Eastern Railway had opened a new hotel with the same name at the new passenger port at Parkeston Quay, causing a decline in numbers.