Welcome to the Park Place Hotel Whether you are traveling to our area for business or leisure, the Park Place Hotel is the pinnacle of it all! Open at the corner of Park & State Streets since 1930, we are rich in history and located in the very heart of downtown Traverse City. Our hotel is surrounded by the shopping, dining, art, attractions and recreational areas that make this Midwest City such a desirable four seasons destination. The staff and management at the Park Place Hotel, Minervas Restaurant & Beacon Lounge look forward to welcoming you to Traverse Citys most Historic, Full Service Landmark hotel! Everyone here will take great strides to see that your stay with us is a most exceptional experience!