Ivanciu Gherasi Inn, between history and legend: how the ancestor of Bucharest’s famous InterContinental Athénée Palace disappeared
By Bucharest Team
- Articles
- 25 AUG 26
In the heart of Bucharest, at the intersection of Calea Victoriei and Episcopiei Street, stands today one of the capital’s best-known hotels: Athénée Palace, which became part of the InterContinental brand in 2023. The building is connected to the diplomatic, political, and social history of the city, to foreign journalists, businesspeople, artists, diplomats, and, above all, to the numerous stories of espionage that have surrounded it over time. Long before the elegant salons of the hotel appeared here, however, the same piece of Bucharest looked completely different. In the 19th century, the land was occupied by the Ivanciu Gherasi Inn, a merchants’ inn that was part of the old commercial landscape of the capital. If Athénée Palace became a symbol of cosmopolitan Bucharest, Gherasi Inn belonged to an era when the city was crossed by merchants, carts, and travelers, while inns represented true meeting places for the commercial world. The history of the inn is much less documented than that of the hotel that replaced it. Nevertheless, its existence and location are mentioned in the works of historian Constantin C. Giurescu, and the continuity of the site is one of the most interesting stories of central Bucharest.
Who was Ivanciu Gherasi and why was his inn important
The inn received its name from its owner, the merchant Ivanciu Gherasi. In Bucharest of the 18th and 19th centuries, inns were not simply places where travelers could spend the night. They represented small economic centers where trade, transportation, accommodation, and meetings between people took place in the same space.
Gherasi Inn was in a very advantageous position for that period. Travelers and merchants entering Bucharest from the north could find here a place where they could rest, shelter their animals and goods, and then continue their journey toward the southern part of the city. Its location on what would become one of the capital’s most important areas gave it strategic value.
Unlike the great fortified inns of Bucharest, such as Manuc’s Inn or Șerban Vodă Inn, Gherasi Inn was more modest in size. Its importance came not so much from its monumentality as from its position within the urban and commercial fabric of the city.
Life around such an inn was a world of its own. Carts arrived and departed, merchants displayed their goods, travelers looked for rooms for the night, and horses were taken to the stables. In a Bucharest still far from the image of modern boulevards, inns represented some of the most important places of transit and social interaction.
What the old Gherasi Inn looked like
Although few images or detailed descriptions of the Ivanciu Gherasi Inn have survived, the building’s typology allows us to reconstruct the general appearance of such an establishment. Like other commercial buildings of the period, the inn had spaces intended for trade, rooms for accommodation, and an inner courtyard where carts and animals could be sheltered.
On the ground floor there were shops and commercial spaces, while the upper floor contained the rooms in which travelers could be accommodated. The inner courtyard was essential to the inn’s activity because it allowed carts to enter and provided space for goods, horses, and other transport animals.
The image was therefore very different from that of the hotel that would appear on the same land. Instead of elegant salons, elevators, and rooms arranged according to Western hotel standards, there was a world dominated by trade, transportation, and traditional hospitality.
This transformation says a great deal about the changing face of Bucharest. The city that, in the 19th century, still functioned according to the logic of inns and large commercial properties was rapidly transforming into a modern capital inspired by Western models, especially Paris.
Why did Gherasi Inn disappear
The decline of the inn must be linked to the radical transformation of central Bucharest. During the second half of the 19th century, representative buildings and institutions of the new image of the capital appeared near the former inn. The Romanian Athenaeum, the Royal Palace, and the new buildings along Calea Victoriei gradually changed the character of the area.
Bucharest was becoming a European capital, and the old commercial inns were beginning to be perceived as buildings belonging to a bygone era. Courtyards for carts and stables no longer corresponded to an urban center in which boulevards, palaces, elegant shops, and cultural institutions were developing.
Gherasi Inn thus came to be considered unsuitable for the new urban landscape. In the first decades of the 20th century, the building was demolished, and the land was prepared for an entirely different project: a luxury hotel intended for an international clientele.
The irony of history is that the basic function of the place did not change completely. The inn had been a place for travelers, and the hotel would also be a place of accommodation. The difference, however, was enormous in terms of status, architecture, and standards of comfort. The courtyard with carriages and stables was to be replaced by luxurious salons, elegant rooms, and the famous English Bar.
1912, the year the Athénée Palace story began
The year 1912 represents the decisive moment in the history of this land. That year, construction began on the new Athénée Palace hotel, designed by the French architect Théophile Bradeau. The building was to become one of the most important hotel constructions in Bucharest at the beginning of the 20th century.
The hotel was inaugurated in 1914 and had 149 rooms and ten suites, initially decorated in a style inspired by the era of Louis XIV. In terms of size, facilities, and concept, Athénée Palace was intended for an international clientele and provided Bucharest with a hotel comparable to the great European establishments.
The project was also of particular architectural importance. Athénée Palace is considered the first large-scale building in Bucharest constructed with a reinforced-concrete frame. The introduction of this technology represented an important step for the architecture of the capital and demonstrated that the city was entering a modern stage of development.
On the site of the former inn, therefore, a building was rising that announced a new era. If Ivanciu Gherasi welcomed his merchants with shops, rooms, and stables, the new hotel would receive diplomats, politicians, artists, journalists, and travelers arriving from the great European capitals.
Duiliu Marcu and the transformation of the hotel in the Art Deco style
A new important stage in the history of Athénée Palace began in 1937, when architect Duiliu Marcu remodeled the building both externally and internally. His intervention radically changed the hotel’s appearance and gave it the Art Deco expression for which it would later become known.
The transformation was not merely an aesthetic one. The hotel had to meet the new standards of the interwar period, a time when Bucharest was undergoing an intense process of modernization. Athénée Palace had already become an important center of the capital’s social and diplomatic life, and its new architecture reinforced its status.
During the interwar period, the hotel became associated with a cosmopolitan world in which diplomats, foreign journalists, and political figures met in its spaces. This international character later contributed to the emergence of numerous stories about secret agents, intrigues, and political games.
During the Second World War, its central location and Bucharest’s strategic importance made Athénée Palace a place where representatives of different states and political camps met. The hotel thus became firmly embedded in the mythology of interwar Bucharest and the war years.
The 1944 bombings and the reconstruction of the hotel
Athénée Palace was not spared the destruction caused by the war. In August 1944, the building was damaged by bombings, and after the fighting ended, it had to be restored.
The restoration was carried out in 1945 according to the plans of architect Duiliu Marcu, who had also been responsible for the 1937 transformation. The rebuilding allowed the hotel to preserve its architectural and functional continuity during a period when Bucharest was undergoing radical political and social changes.
In the following decades, the hotel continued to be one of the important landmarks of Calea Victoriei. Between 1964 and 1966, the complex was expanded by adding a new wing along Calea Victoriei. The building thus acquired even greater dimensions and was adapted to the needs of a period in which Bucharest was once again changing.
From Athénée Palace to InterContinental Athénée Palace
The history of the hotel did not end with the interwar period. Athénée Palace passed through the communist regime, the social and political changes after 1989, and the accelerated transformations of contemporary Bucharest.
The December 1989 Revolution represented another important historical moment for the building and the surrounding area. Its location on Calea Victoriei, close to important institutions, meant that the hotel remained connected to the major events of the capital.
Later, Athénée Palace went through several stages of renovation and modernization. In 2023, the hotel became part of the InterContinental brand, becoming InterContinental Athénée Palace Bucharest. The new stage continued the hotel’s luxury tradition and brought its name once again into a prestigious international hotel network.
Looking back, however, the history of the site is much older than the hotel. Before the building with its elegant façade and luxurious salons, there was the inn of merchant Ivanciu Gherasi, a space belonging to the commercial and traditional Bucharest of old.
From the merchants’ inn to the diplomats’ hotel
The transformation of the land once occupied by Gherasi Inn into Athénée Palace can be seen as a miniature version of the entire evolution of Bucharest. Two extremely different worlds meet at a single address: that of the old inns and that of the great modern hotels.
Ivanciu Gherasi’s Inn belonged to a city where travel was done by carriage, trade was one of the main urban activities, and accommodation was closely connected to commerce. Athénée Palace belongs to modern Bucharest, where trains, automobiles, international diplomacy, and luxury tourism completely changed the rhythm of life.
And yet, there is a surprising continuity. Both buildings had the same fundamental mission: to welcome people arriving from other places. Only the status of these travelers changed over time. Merchants with carts and goods were replaced by diplomats, journalists, politicians, and international personalities.
Today, Gherasi Inn exists only in historical documents and in the memory of old Bucharest. Athénée Palace, on the other hand, continues to dominate the corner between Calea Victoriei and Episcopiei Street. And the fact that two representative forms of Bucharest hospitality succeeded one another on the same land perhaps says more than any other detail about the transformation of the capital.
From the inn of merchant Ivanciu Gherasi to InterContinental Athénée Palace, the story of this place is one about the modernization of Bucharest. The stables and courtyards for carts disappeared, and elegant salons and hotel rooms appeared in their place. The inn disappeared physically, but remained an essential link in the history of the address. In a way, Athénée Palace did not completely erase the site’s past, but transformed it: the old hospitality of Bucharest continued in a modern, cosmopolitan, and spectacular form.
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