Premier Palace Hotel

What Premier Palace Hotel does

Premier Palace Hotel operates a single 5-star luxury hotel property in central Kyiv at the intersection of T. Shevchenka Boulevard and Y. Chykalenka Street, 100 meters from Khreschatyk Street. Opened in 1912 as one of the region's first hotels with modern amenities (water supply, central heating, telephone, and electricity in every room), it became Ukraine's first officially certified 5-star hotel in 2001 following reconstruction and is now operated as PrAT Hotel Premier Palace under the dominant control of Skhidno-Yevropeyska Hotelna Kompaniya (Ukrainian Hotel Company), acquired in December 2020. The property sits within the Premier Hotels and Resorts network of 11 hotels across Ukraine and Hungary.

The hotel generates revenue across four streams: room accommodations across 11 categories ranging from Classic Single (23 m², from approximately €115/night) to Family Rooms (60 m², from approximately €630/night) including named suites honoring historical guests; food and beverage across five venues (Japanese restaurant Ikigai, rooftop Atmosfera, Italian Terracotta, lobby Bar 1909, and 24/7 room service); the Premier Palace Wellness Club featuring a 17-meter glass-domed pool, Finnish and Roman saunas, fitness center, pole dance studio, and 30+ SPA programs; and Meetings & Events comprising seven halls totaling 526 m² with capacity for 400 persons. Pricing is distributed across flexible rates, Premier Club loyalty discounts (10-20%), government rates (20%), military rates (50% under PREMIER BRAVE), long-stay packages (40% off for 28+ nights), and packaged SPA weekend experiences.

The business serves business and government travelers, luxury leisure tourists, corporate events clients, Ukrainian military and defense personnel (via the wartime PREMIER BRAVE program), and high-profile individuals requiring discreet service. Distribution is primarily direct via the premier-palace.phnr.com website and central reservation, with conference sales handled by a dedicated events team, mobile messaging (Viber/WhatsApp/Telegram) booking, and channel leverage through the Premier Hotels and Resorts network. Notable differentiating infrastructure includes dual 500 kW backup generators, independent heating boilers, a bomb shelter, 286 security cameras, and safety certifications that enable premium service continuity under wartime conditions.

Name

Premier Palace Hotel

Legal name

ПрАТ «ГОТЕЛЬ «ПРЕМ'ЄР ПАЛАЦ»

Website

https://premier-palace.phnr.com

Company type

Private

Founded year

1912

Operating status

Operating

Headcount range

101–250 employees

Short description

Premier Palace Hotel is a 5-star luxury hotel in central Kyiv, operating since 1912 and part of the Premier Hotels and Resorts network. It serves business travelers, government officials, leisure tourists, and corporate events across rooms, five F&B venues, a wellness club, and 7 conference halls.

Ownership category

akta.pro rank

Product category

Luxury Hotel

NAICS

Hotels (except Casino Hotels) and Motels (721110)

akta.pro primary industry

Urban Luxury Hotels (City Luxury) (THAGACAE)

akta.pro secondary industries

Heritage & Palace Luxury Hotels (THAGACAF), Large-Scale Headquarters Convention Hotels (THAGALAH), Government & Municipal Event Venues (THAHAAAE)

Keywords

• Luxury hotel accommodation
• Fine dining services
• Spa wellness hospitality
• Conference event venues
• Heritage hotel services

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Room Accommodations: The primary revenue stream from guest room bookings across multiple categories: Classic Single (23 m²), Classic Double (26 m²), Premier King/Twin (30-31 m²), Deluxe (37 m²), Two-Room Suite (54 m²), and Family Room (60 m²). Room rates range from approximately €115 to €630 per night depending on category and season.
2. Food & Beverage: Multiple dining outlets including: Ikigai (Japanese Asian cuisine, open 12:00-22:00), Atmosfera (rooftop panoramic restaurant, 15:00-23:00), BAR 1909 (lobby bar, 07:00-24:00), Terracotta (Italian restaurant, by request), and 24/7 room service. The buffet breakfast is served at Ikigai daily 07:00-11:00.
3. Wellness & SPA Services: Premier Palace Wellness Club offers Finnish sauna, Roman steam room, fitness center, aerobic hall, pole dance studio, solarium, over 30 SPA programs for face and body care, massage services, VIP sauna, and 17-meter indoor pool under glass dome. Club cards and day visits available.
4. Meetings & Events: Conference services including 7 event halls (526 m² total), banquet halls, weddings, and catering. The Grand Hall 'Sofiyivskiy' accommodates up to 400 persons. Additional venues include Andriyivskiy, Mykhaylivskiy, Volodymyrskiy, Pokrovskiy, and Illinskyi meeting rooms. Shelter conference space available on -1 floor.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Premier Palace Hotel is a five-star luxury hotel in Kyiv, Ukraine, operating in a historic building dating to 1912. It sells guest accommodation, multiple food and beverage outlets, a wellness and spa center, and event/conference venues. The property is part of the Premier Hotels and Resorts network and operates under PrAT Hotel Premier Palace.

Product overview

Premier Palace Hotel Kyiv operates as a single 5-star luxury hotel property offering integrated hospitality services through multiple functional divisions. The core product is luxury accommodation featuring 11 distinct room categories ranging from Classic Single rooms (23 m²) to Family Suites (60 m²), including unique Thematic Deluxe rooms and Named Suites honoring historical guests. Supporting the rooms are four dining venues: Japanese restaurant Ikigai (breakfast and lunch/dinner), rooftop Italian restaurant Atmosfera, panoramic restaurant Terracotta (events only), and lobby bar BAR 1909. The hotel's Wellness Club provides spa, pool, fitness, and massage services, while the Meetings & Events division manages 7 conference halls (526 m², 400 persons capacity) for business events. The Premier Club loyalty program ties these services together with discounts and privileges. Additional services include 24/7 room service, professional concierge with Les Clefs d'Or designation, transfer services, and an on-site beauty salon.

Differentiator

Problem solved

Functional benefit

Brands

• Premier Palace Wellness Club: Spa and wellness facility featuring pool, sauna, fitness center, massage services and spa treatments at the hotel.
• Terracotta Restaurant
• Ikigai Restaurant
• ATMOSFERA Restaurant
• BAR 1909
• Premier Club

Products and services

• Luxury Hotel Accommodation Five-star guest rooms and suites in a historic 1912 Kyiv building, sold to individual leisure and business travelers seeking upscale central accommodation.
• Fine Dining Restaurants and Bars On-site food and beverage outlets serving hotel guests and walk-in diners, offering premium dining and bar experiences within the property.
• Wellness and Spa Center Spa and wellness facility operating within the hotel, providing relaxation and wellness services to guests and external visitors.
• Event and Conference Venues Banquet halls, conference rooms, and event spaces hosted at the hotel for corporate functions, weddings, and private events.

Quantifiable outcome

• First 5-star hotel in Kyiv and Ukraine (2001)
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Stus CentercoreStrategic or Co-development Partner · 10 September 2025Premier Palace Hotel partnered with the Stus Center to host the commemorative evening 'Vasyl Stus: 40 Steps into Eternity' honoring the renowned Ukrainian poet. The event was led by the poet's son Dmytro Stus and supported by FEX NET.
• International Upscaling Coaching GroupcoreStrategic or Co-development Partner · 4 September 2025Premier Palace Hotel Kyiv partnered as host for the first strategic discussion 'Moving Forward: An Inner Portrait of Ukraine' organized by International Upscaling Coaching Group. The event focused on the emotional state of Ukrainian leaders during wartime and brought together representatives from government, diplomacy, and business sectors, including the Minister of Youth and Sports.
• Charity Foundation 'Hope' (Благодійний фонд молодіжної ініціативи 'Надія')minorStrategic or Co-development Partner · 15 May 2025Charity evening organized to raise funds for Okhmatdyt National Children's Hospital and Ukrainian defenders, hosted at Premier Palace Hotel Kyiv. Event united business community, cultural figures, and concerned guests.
• SHUMEI / 'Malevich' Film ProjectminorStrategic or Co-development Partner · 4 April 2025Premier Palace Hotel hosted the charity evening presentation of SHUMEI's music video 'Hude viter' (The Wind Howls), soundtrack to the 'Malevich' film. Event included live performance, film team meeting, charity auction, and intimate dinner, raising over 550,000 UAH for prosthetics for wounded artists.
• Charity Event 'RAZOM' (Together)minorStrategic or Co-development Partner · 16 March 2025Premier Palace Hotel Kyiv was center of unity and support for the 'RAZOM' charity evening, raising funds for the 67th Motorized Brigade, 'Magic of Good' children's project, Okhmatdyt hospital, and cultural memorial project of Volodymyr Sydoruk.
• BF 'International Institute of Optimal Solutions' (БФ 'Міжнародний інститут оптимальних рішень')minorStrategic or Co-development Partner · 6 March 2025Charity auction and concert organized by the foundation to support the 12th Azov Brigade, held at Premier Palace Hotel Kyiv on February 24, 2025 (anniversary of full-scale invasion). Hotel provided venue and support for the fundraising event.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Hilton Kyiv: International luxury brand in central Kyiv with comparable F&B, wellness, and conference offerings; targets overlapping business and diplomatic segments with global loyalty program reach.
• InterContinental Kyiv: Iconic luxury hotel in central Kyiv with extensive MICE facilities and comparable five-star positioning; competes directly for corporate events, government delegations, and international travelers in the same city tier.
• Hyatt Regency Kyiv: Luxury international brand in central Kyiv offering similar premium business amenities, conference facilities, and dining venues; competes for the same premium corporate and government travel demand.
• Opera Hotel Kyiv: Boutique luxury hotel near Kyiv's Opera House with comparable five-star service standards; targets similar affluent leisure and business travelers seeking distinctive upscale accommodation in central Kyiv.
• 11 Mirrors Design Hotel: Boutique design-led luxury hotel in central Kyiv with comparable room rates and premium service levels; competes for the same upper-tier business and leisure travelers seeking distinctive Kyiv accommodation.
• Fairmont Grand Hotel Kyiv: Five-star luxury hotel in central Kyiv with similar premium positioning, targeting business travelers and dignitaries; directly comparable urban luxury tier competing for the same institutional and corporate clientele.

Broad incumbents

• The Ritz Paris: Iconic heritage palace hotel with strong historical positioning, royal/celebrity clientele, and Five-Star palace classification; benchmark for the premium heritage palace positioning Premier Palace aspires to, though at substantially larger scale.
• Hotel Bristol, Vienna: Heritage luxury hotel opened in 1892 in central Vienna, comparable as a 110+ year-old five-star urban property with Les Clefs d'Or concierge and strong brand heritage positioning; useful for benchmarking heritage luxury operating model.

Others

• Radisson Blu Hotel, Kyiv:
• Premier Hotel Lybid: Same Premier Hotels and Resorts network sibling property in Kyiv, sharing the Premier Club loyalty program and centralized reservation system; demonstrates the network scale and provides internal benchmarking on positioning tiers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/IkigaiRestaurant
• LinkedInlinkedin.com/company/premier-palace-hotel

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Premier Palace Hotel