The palace was designed by architect Carlo Busiri Vici between 1900 and 1903 and was one of the first buildings to go up in the area, surrounded by vineyards, vegetable plots and gardens. To emphasize that the hotel is part of the countryside, its structure incorporates some of the architectural features typical of large prestigious country houses. Since the early 1900s it was known as the Ambassadors' Palace due to its selected clientele of diplomats and businessmen. In 1993 the interior was restored