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The Drake Chicago, Illinois
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Hotel comparison guide

The Drake vs Hyatt Regency Chicago

The Drake is a historic 4-star Gold Coast landmark on the north end of the Magnificent Mile, best for travelers who want classic lakefront character and social occasions. Hyatt Regency Chicago is a large, 4-star downtown convention hotel by the Chicago Riverwalk aimed at business and conference travelers seeking central, full-service amenities.

Updated · about 1.3 km apart

Spacious grand lobby at The Drake with central fountain and floral sculpture

The Drake

Historic · Lakefront/Oak Street Beach · Social & wedding landmark

Best for weddings, classic Chicago style, lake views and guests who want to be a short walk from Oak Street Beach and high-end Magnificent Mile shopping.

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Hyatt Regency Chicago, Chicago, Illinois

Hyatt Regency Chicago

Large convention hotel · Central downtown · Extensive meeting space

Best for conferences, large meetings, and travelers wanting many on-site restaurants, extensive event space, and a very central downtown location near the Riverwalk.

Quick Verdict: The Drake vs Hyatt Regency Chicago

When The Drake wins: choose The Drake if you want a historic, lakefront Gold Coast experience — afternoon tea, a notable cocktail bar, rooms with classic character, and immediate access to Oak Street Beach and the northern Magnificent Mile.

When Hyatt Regency Chicago wins: pick Hyatt Regency Chicago if your priority is large-scale meeting space, multiple restaurants/bars, a very large room inventory and a central downtown base steps from the Chicago Riverwalk and Michigan Avenue Bridge.

Bottom line: The Drake is the choice for atmosphere, lakefront proximity and social or wedding occasions; Hyatt Regency Chicago is the pragmatic pick for conventions, business travel and travelers who want full-service hotel facilities in the river/lakefront downtown corridor.

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The Drake vs Hyatt Regency Chicago – At a Glance

Side-by-side facts for The Drake and Hyatt Regency Chicago
CategoryThe DrakeHyatt Regency Chicago
Overall vibeHistoric, classic Gold Coast hotel with formal public spaces and lake viewsLarge, busy downtown convention hotel geared to business and events
LocationAt the north end of the Magnificent Mile; directly across from Oak Street BeachSteps from Chicago Riverwalk and Michigan Avenue Bridge; central downtown
Size (rooms)535 guest rooms and 74 suites2,032 guestrooms
Event & meeting space36,863 sq ft across 21 event rooms including two ballrooms (Gold Coast Room, Grand Ballroom)Approximately 228,001 sq ft (21,182 m²) of conference/meeting space
PoolsNo on-site poolNot published
Restaurants & barsCoq d'Or (historic bar), Palm Court (afternoon tea), Cafe on Oak (breakfast)4 restaurants, 2 coffee shops/cafes and 2 bars/lounges on site
Spa & wellnessNo dedicated on-site spa; in-room massage service available; 24-hour fitness centerHealth club/fitness facilities and terrace; spa not published in supplier listing
Known forAfternoon tea at Palm Court, historic Coq d'Or and lakefront locationMassive meeting/conference capacity and very central downtown access
Family & age policyWelcomes children of all ages; reservation holder must be 21+All-ages property (not adults-only); reservation minimum age for check-in listed as 21 in supplier policies
Typical guestsCouples, wedding parties, leisure travelers wanting classic Chicago and beach accessBusiness travelers, groups, convention attendees and downtown visitors

A Look Inside The Drake

The Drake: rooms & suitesRooms & suitesThe Drake: pools & beachPools & beachThe Drake: diningDiningThe Drake: spa & wellnessSpa & wellness
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Location: The Drake vs Hyatt Regency Chicago

The Drake – Location

The Drake sits at 140 E Walton Place at the north end of the Magnificent Mile, directly across from Oak Street Beach.

  • About a 3–5 minute walk to Oak Street Beach and the Lakefront Trail.
  • Steps from Magnificent Mile shopping, 360 CHICAGO and Water Tower Place.
  • Quieter Gold Coast neighborhood just north of the busiest downtown blocks.

Choose The Drake for immediate lakefront access and easy upscale shopping/walking proximity.

Hyatt Regency Chicago – Location

Hyatt Regency Chicago is centrally located at 151 East Wacker Drive, a short walk from the Chicago Riverwalk and Michigan Avenue Bridge.

  • Within a 5-minute walk of the Chicago Riverwalk and Michigan Avenue Bridge.
  • About 0.4–0.6 mi from Millennium Park and Grant Park.
  • Well positioned for downtown attractions, theatres and river/architecture cruises.

Choose Hyatt Regency Chicago for direct access to downtown sites and Riverwalk proximity.

Rooms: historic character vs convention inventory

The Drake – Rooms

The Drake offers 535 individually furnished rooms and 74 suites with classic styling and select lake-view categories.

  • Signature suites include the Princess Diana Suite and several lake-view suites, some with in-room jacuzzi baths.
  • Room types range from standard single/double rooms to multiple suite categories and family rooms.
  • WiFi is available in-room for a daily surcharge (complimentary for eligible loyalty members).

The Drake emphasizes individually furnished rooms and notable suites with historic character and lake views.

Hyatt Regency Chicago – Rooms

Hyatt Regency Chicago has a very large room inventory (2,032 guestrooms) covering many standard and accessible room types.

  • Room list includes many accessible options and city- or river-view room types as well as junior suites.
  • Complimentary wireless internet access is provided.
  • Room types are aimed at both business and leisure travelers, including high-floor and city-view options.

Hyatt Regency Chicago suits travelers who need a broad selection of standard and accessible rooms for large groups.

Dining & drinks: classic single-house venues vs multiple outlets

The Drake – Dining & drinks

The Drake's dining centers on a few historic, signature outlets that are part of the hotel's identity.

  • Coq d'Or: longstanding cocktail bar with classic American fare and a business-casual dress code.
  • Palm Court: established afternoon tea service (Fri–Sun) with reservations recommended.
  • Cafe on Oak: breakfast nook overlooking Lake Michigan (hours vary by day).

The Drake focuses on a handful of notable dining venues tied to its historic character.

Hyatt Regency Chicago – Dining & drinks

Hyatt Regency Chicago offers multiple on-site dining options and coffee outlets to support large guest volumes.

  • Four restaurants and two coffee shops/cafes are listed on the supplier amenities.
  • Buffet breakfasts are available for a fee (weekday and weekend schedules differ).
  • Two bars/lounges provide additional evening options for guests.

Hyatt Regency Chicago works well for guests who want multiple, convenient on-site dining and bar options.

Signature amenity: Pools & waterfront access

The Drake – Signature amenity

The Drake does not have an on-site swimming pool but is notable for immediate proximity to Oak Street Beach and the Lakefront Trail.

  • No indoor or outdoor pool on property.
  • Oak Street Beach and Lakefront Trail are a short walk away for swimming, sun and jogging.
  • Beach access and lakefront walks are primary waterside features for guests.

If you want hotel pool facilities, The Drake does not provide one — its lakefront location is the main water amenity.

Hyatt Regency Chicago – Signature amenity

Hyatt Regency Chicago's supplier listing highlights river/lakefront proximity and a terrace; pool information is not published in the supplier listing.

  • Located steps from the Chicago Riverwalk and close to lakefront attractions.
  • Outdoor/indoor pool details are not published in the supplied hotel listing.
  • Guests can access nearby public waterfront areas and river attractions within walking distance.

Hyatt Regency Chicago is close to downtown waterfronts; check the hotel's current site for any pool details before booking.

Wellness & nightlife: fitness, bars and event energy

The Drake – Wellness & nightlife

The Drake offers a 24-hour fitness center and historic bar/lounge options rather than a resort-style wellness program.

  • 24-hour fitness center with cardio machines, free weights, yoga mats and stretching areas.
  • Coq d'Or provides late-night cocktail and dining service on weekends.
  • No dedicated spa; in-room massage services can be arranged.

The Drake is good for guests who want fitness access and classic hotel-nightlife venues, not a full spa.

Hyatt Regency Chicago – Wellness & nightlife

Hyatt Regency Chicago lists a health club/fitness facilities, terrace and several bars, supporting active stays and evening gatherings.

  • 24-hour fitness facilities and health club access are available.
  • Two bars/lounges and multiple restaurants serve guests across day and evening.
  • Extensive meeting and ballroom activity means lively hotel nightlife during conferences and events.

Hyatt Regency Chicago fits travelers seeking on-site fitness and a variety of evening dining/drinking options driven by its large guest capacity.

Who Wins? Best Pick by Travel Style

Best for weddings & celebrations
Ornate hotel lobby corridor at The Drake with chandelier and patterned carpet

The Drake

The Drake — historic ballrooms (Gold Coast Room, Grand Ballroom, French Room) and lakefront setting make it a wedding landmark.

Best for conferences & big meetings
Hyatt Regency Chicago, Chicago, Illinois

Hyatt Regency Chicago

Hyatt Regency Chicago — very large meeting footprint and many meeting rooms for groups and conventions.

Best lake/beach access
Staircase decorated for the holidays at The Drake flanked by toy soldier figures

The Drake

The Drake — directly across from Oak Street Beach and steps from the Lakefront Trail.

Best for restaurant variety on site
Hyatt Regency Chicago, Chicago, Illinois

Hyatt Regency Chicago

Hyatt Regency Chicago — multiple restaurants, coffee shops and bars on property to serve large numbers of guests.

Frequently asked questions

The Drake vs Hyatt Regency Chicago: FAQs

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Which hotel is closer to Oak Street Beach?

The Drake is directly across the street and about a 3–5 minute walk to Oak Street Beach; Hyatt Regency Chicago is farther from the beach.

Which hotel is better for a large conference?

Hyatt Regency Chicago — it lists roughly 228,001 sq ft of conference space and a very large room inventory geared to conventions.

Do either hotel have an on-site pool or spa?

The Drake does not have an on-site pool or dedicated spa (in-room massages available). Hyatt Regency Chicago's supplier listing shows fitness facilities and a terrace; pool/spa details are not published in the supplied listing.

Are children allowed at these hotels?

Both hotels accept children. The Drake welcomes guests of all ages while the reservation holder must be at least 21; Hyatt Regency Chicago is not adults-only.

More The Drake Comparison Guides

Explore how The Drake stacks up against other hotels nearby:

Panoramic shoreline and lake view with beach and treed park at The Drake
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