Hi JJ
I've enlarged the lettering and put them next to each other. I'm pretty sure the second letter is an 'R' - if you look, you can see that it is stood, like the first letter, on a ledge.
As for the first letter, at first thinking it was a 'C', I'm now wondering whether it mightn't be a 'G' ...

(My first guess at 'Hotel' above the door was based on the 'un-enhanced' picture, but knightstemplar's enhanced picture cracked it for me!)
Ninatoo - I can't see a round thing hanging from the bracket - but I can see what may be a flag, that has been blurred by the slow shutter speed of the camera...
cheers
Paul