In 1986 the long history of the Art Nouveau Palace Hotel Prague almost came to its end. The hotel was closed due to a need of renovation. Its architecture, decorations and precious chandeliers were also affected by the ravages of time.
The Art Nouveau Palace Hotel Prague reopened in 1989 after being carefully restored to its former glory, preserving the simple Viennese Art Nouveau character and keeping the features that allowed the building to be so easily distinguished from other art nouveau structures in Prague.