The new building was constructed from 1899 to 1901 by Fellner & Helmer, with participation of the Lviv architects Iwan Lewiński and Julian Cybulski.

[citation needed] Among notable guests who stayed at the hotel, Honore de Balzac, Ethel Lilian Voynich, Franz von Liszt, Maurice Ravel, Jean-Paul Sartre, Leonid Brezhnev,[4] and Józef Piłsudski.

[5] In 1940, the hotel was renamed Lviv, and in Soviet times it was connected to the Intourist network, so it was named that way.

In the niches there is sculptures of The Four Continents, a work by Leonard Marconi and Antoni Popiel that represents Africa, Asia, Europe, and America.

The main façade shows a bas-relief of the original owner George Hofmann, a work by Popiel.