Palasthotel was a hotel belonging to the Interhotel-chain and situated in the Mitte-district of Berlin, at Karl-Liebknecht-Straße 5, right behind the Berliner Dom and close to the river Spree. It was built on a design by Ferenc Kiss between 1976 and 1979. The hotel had 600 rooms with 1,000 beds and a conference hall with about 2,000 seats. It was closed for all East German guests, as one had to pay in a hard currency instead of the local East German mark. Between 1990 and 1992 the hotel was owned by Interhotel AG. In 1992, the hotel was renamed the Radisson SAS Berlin. It closed on December 1, 2000 due to the Asbestos that was used in the construction.