The building occupies the entire block bounded by the streets of Karađorđeva, Hercegovačka, Zvornička and Hadži-Nikole Živkovića.

South and southeast of the hotel are the incoming platforms of the Main Belgrade Bus Station and the Park Bristol.

In the early 20th century, Savamala was being transformed from the neighborhood with the small, curvy alleys into the Belgrade's most affluent quarter, especially when it comes to the architecture.

It was built as the building for the Insurance and Credit Association of the Belgrade Cooperative, owned by Luka Ćelović.

[1][2] Hotel Bristol soon became the center of the fashionable life, not only of Belgrade, but of the entire Serbia and, later, Yugoslavia.

One of the most famous Serbian folk singers, Cune Gojković, started his career in Hotel Bristol.

The tallest building in the city upon its construction, it highly influenced the look of the Hotel Bristol, especially when it comes to the façade.

[2][5] According to the contract on the highly controversial project Belgrade Waterfront, foreign investor ("Eagle Hills" from the United Arab Emirates), if investing in the reconstruction of the objects in the Savamala district, can use them without any compensation.

[6][8][9] However, citing the problem with 30 families of military personnel which live in the hotel, the investor postponed the works for early 2019.

[11] After hunger strike and negotiations with the president Aleksandar Vučić, the remaining residents were resettled on three locations in Belgrade, in the apartments which became their ownership.