Elegance and comfort come together in the sophisticated Grand Palace Hotel, built in 1877 as the State Bank. The atmosphere in the lobby is warm and inviting with period pictures and large vases of hydrangeas illuminated by crystal chandeliers. Grand Palace Hotel is located in the cobble-stoned 15th Century Old Town of Riga, surrounded by ancient monuments, on the main Pils (Castle) Street between Dome Church and Riga���s Castle.