This conglomeration of three historic buildings seems to take in a bit of every part of Palermo’s past—the banking floor and grand offices of the old stock exchange, a monastery, and a centuries-old palazzo. These elements come together atmospherically in surroundings that include a cloister, open-roofed atrium, paneled dining rooms, and frescoed salons. Guest rooms are a bit more businesslike, though large and plushly comfortable, with hardwood floors and furnishings that cross tradition with contemporary flair; the best have balconies overlooking the surrounding churches and palaces. A spa and exercise area includes a sauna and steam room.