The palace, which is said to have been built over nearly 10 years, shone as an architectural jewel in its heydays, however saw a period of faded glory after Independence and was later taken up on lease by the India Tourism Development Corporation (ITDC) to run as a heritage hotel. The hotel was inaugurated on September 13, 1974, according to a marble plaque embedded in a wall of the portico. From 2018 onwards, it has been operated by Jungle Lodges and Resorts, an entity of the Karnataka state government. The main heritage hotel has 22 rooms, including heritage suites -- Viceroy Suite, Vicerine Suite, Duplex Suite, Heritage Suite and Turret Rooms, and 32 rooms in an annexed building added later, according to the management officials.