1.
palace, grand hall, temple
A magnificent building, especially a large hall or temple. Used to describe imposing or prestigious buildings.
2.
hall of fame, pantheon
A figurative or literal place of honor where the greatest figures in a particular field are celebrated. Often used in the expression 殿堂入り (hall of fame induction).
Usage
Sense 1 is literary and formal, describing grand buildings. Sense 2 is far more common in modern usage, especially the compound 殿堂入り (hall of fame induction). This expression is used for sports, music, and other fields.