The Elite Palace Hotel opened in 1958. The hotel was built to accommodate the growing number of people traveling by car. The hotel was unique in the way it was built on top of the garages of the Philipson group, with hotel rooms beginning on the fourth floor. The building is set back from the street by a wide pedestrian walkway. The medium sized lobby is decorated in a modern style with marble floors and brass fittings. There is a seating area next to the lifts and left side of the lobby leads to a popular English-style pub called "The Bishop's Arms." All the medium sized guest rooms are fully equipped with the amenities one would expect from a 4-star hotel and feaute décor that is modern in style with soft natural colour schemes. The hotel's "Taabla" restaurant is located on the ground floor and serves breakfast, lunch and dinner. A great deal of thought has gone into its design, creating a formal yet comfortable dining experience. The decor is mainly white with occasional splashes of red.