It was designed by architect Yaakov Rechter, in the late modern style.

Prime Minister Levi Eshkol attended the hotel's official opening on September 13, 1965.

[1] The hotel was expanded in 1970, with a new wing on the east side, adding an additional 12 rooms to every floor.

In 2016, the Vista Lounge on the 17th floor was completely redone and The Vista at Hilton Tel Aviv (a luxury property) was opened on the top four floors of the building, and in 2017, the lobby was renovated.

The hotel plays a prominent role in Nicole Krauss's 2017 novel Forest Dark.