The place has local historical significance as a long-term hotel site and for its role in the commercial development of Cairns. A hotel named the 'Railway Hotel' has stood on this site since 1886. The current building was constructed in 1937. The building contributes to the streetscape of Cairns by its size and form and like a number of other hotels in Cairns, takes up a prominent corner of the city grid. There is a great commonality between these central hotels in that they are all concrete, designed by just a small number of architects, and all of much the same scale and form. By their commonality they come to define the hotel architecture of North Queensland and the Cairns region in particular.