Mena Palace Hotel was built in 2004 and welcomed its first guests in the summer of 2005. The hotel features a lobby bar, a cocktail bar (serves for a fee), an outdoor bar, a restaurant with an indoor hall, and a spacious sun terrace where the outdoor bar is situated.

The name of the Mena Palace Hotel is derived from the name of the first Thracian chieftain who settled in the territory of the peninsula. The city was named Menabria by the ancient Thracians, which means the city of Mena in Greek.

Throughout its thousand-year history, the city has been ruled by various rulers but has remained a significant commercial, cultural, and spiritual center on the Black Sea coast.

Several temples, a school, and an amphitheater were built.