It was initially built as part of the All-Union hotel chain Intourist.

[1] The hotel has its own restaurant, à la carte "Slavyansky", that serves Ukrainian and Mediterranean cuisine.

The design of the hotel's façade — a vault of four arches — is inspired by the legend of the times of Kievan Rus, when four arches served as the entrance to the city — gates that were considered a symbol of hospitality.

In 2012, President Hotel underwent a large-scale reconstruction.

Banqueting and conference halls were reconstructed, allowing up to 17 independent events to be held simultaneously.