The hotel is in walking distance of Istiklal Avenue, Taksim Square and the British, Swedish, Russian, Dutch, Italian, French and German consulates.

Alexandre Vallaury, a French-Ottoman architect living in the city designed the hotel in a blend of neo-classical, Art Nouveau and oriental styles.

[8] The hotel was damaged in a bomb attack on 24 March 1941 which killed five people including four Turkish nationals and a British diplomatic worker and injured 30 others.

The bombs originated in the luggage room, in suitcases brought by staff of the British Legation in Sofia led by Ambassador George William Rendel, who survived the attack, when they moved to Istanbul following the severing of diplomatic relations with Bulgaria during World War II.

[9] Pera Palace Hotel is today regarded as an important historical building and is listed under the general protection of Turkish Law (No.