The building was established in 1918 in the eclectic style, designed by architect Evert Breman, commissioned by the Royal Holland Lloyd (KHL).

When it was completed on June 1, 1921, it had cost eight times more than originally estimated, contributing to the subsequent bankruptcy of the KHL.

Subsequently, from 1938 it was used as a shelter for Jewish refugees from Germany and during World War II, the building was used as detention centre.

Their plan was developed in sketches by the architect firm MVRDV and after an extensive restoration, the building has served as a hotel since 2004, placed on the monument list in 2001.

The hotel now features 136 rooms, an all-day restaurant called Breman Brasserie, a (cocktail) bar Barbue, and a hybrid meeting and event space, The Apartment.