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Grand Hotel Europe is situated on the Nevsky Prospekt, which is the main avenue of St.Petersburg. As such, it benefits from close proximity to the main churches, museums and other cultural icons of the city. For over 130 years, the Gramd Hotel Europe has played an important role in the life of St.Petersburg, as a historical, cultural and culinary landmark renowned throughout the world. The Hotel is the current owner of a number of coveted awards, the most recent acquisition being among 50 Best Hotels in the World by Institutional Investor 2005 and Five Star Diamond Award, awarded March 2004 by The American Academy of Hospitality Sciences.