Extremely historic place for Hollywood buffs. Spanish Revival style. Opened in 1929 with owners including Louis B. Meyer, Douglas Fairbanks, and Mary Pickford. The first academy awards were held here in 1928 or 1929 (then called the "Merit Awards") in the "Blossom Room". The set for the TV show "This is Your Life" was located here. The Cinegrill was a famous 1940s nightclub still existing inside. Marilyn Monroe used to stay here and her ghost is said to still haunt the halls (hey - it helps business). Reasonable rates, but rooms facing Hollywood Blvd may be a bit noisier. You can see the hotel in the films Beverly Hills Cop II and Charlie's Angels 2.