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The Drake Chicago, Illinois
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Hotel comparison guide

The Drake vs Park Hyatt Chicago

The Drake is a historic, lakefront 4-star landmark at the north end of the Magnificent Mile that suits travelers who want classic Chicago character and event-friendly spaces. Park Hyatt Chicago is a modern five-star boutique-luxury option steps from Michigan Avenue for travelers who prefer intimate, polished service and an on-site spa and pool.

Updated · about 0.3 miles (0.5 km) apart

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

The Drake

Historic · Lakefront · Event-focused

Best for travelers who want old-world Chicago, lake views, a historic bar and classic afternoon tea — and easy access to Oak Street Beach.

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Park Hyatt Chicago, Chicago, Illinois

Park Hyatt Chicago

Five-star · Boutique-luxury · Spa & pool

Best for travelers who want a contemporary five-star stay with a full-service spa, indoor pool, and smaller, boutique feel near Michigan Avenue.

Quick Verdict: The Drake vs Park Hyatt Chicago

When The Drake wins: choose The Drake if you want a storied, formal setting for weddings or events, direct access to Oak Street Beach, and classic venues like Palm Court and Coq d'Or.

When Park Hyatt Chicago wins: pick Park Hyatt when you prioritize a five-star boutique experience with a full-service spa, an indoor pool/hot tub/sauna, and a quieter, modern room product steps from Water Tower Place.

Bottom line: both put you in the same stretch of the Magnificent Mile; The Drake leans historic and event-oriented with lakefront tradition, while Park Hyatt Chicago is a smaller-scale five-star hotel focused on spa, pool and polished modern service.

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The Drake vs Park Hyatt Chicago – At a Glance

Side-by-side facts for The Drake and Park Hyatt Chicago
CategoryThe DrakePark Hyatt Chicago
Overall vibeHistoric, grand, old‑world Gold Coast hotel with formal public roomsPolished five‑star boutique luxury with modern finishes
Location140 E Walton Place — directly across from Oak Street Beach, at the north end of the Magnificent Mile800 N Michigan Ave — steps from Chicago Water Tower and Water Tower Place
Size (guest rooms)535 guest rooms and 74 suites182 guestrooms
Property age / styleOpened 1920; landmark historic interiorsContemporary five‑star boutique design (Art Deco references in listing)
PoolsNo on‑site poolIndoor pool, hot tub, sauna (on‑site)
Restaurants & barsCoq d'Or (historic cocktail bar), Palm Court (afternoon tea), Cafe on Oak (breakfast)NoMI Kitchen (restaurant) and bar/lounge; cooked‑to‑order breakfasts (fee)
Spa & wellnessNo dedicated on‑site spa (in‑room massages available); 24‑hour fitness centerFull‑service spa offering massages, body treatments, facials; 24‑hour fitness center
Meetings & eventsLarge historic ballrooms and 21 event rooms (Gold Coast Room, Grand Ballroom, etc.) — large capacity for weddingsConference space ~5,000 sq ft with 8 meeting rooms (smaller-scale event capacity)
Accessibility & family policyWelcomes children of all ages; reservation holder must be 21+ to check in; accessible features availableNot adults‑only; accessible rooms and many wheelchair‑accessible amenities listed
WiFi & parkingWiFi available (daily surcharge; complimentary for some members); self and valet parking for a fee (in/out privileges available)Complimentary WiFi listed; valet parking available (surcharge)

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: Where you'll be

The Drake – Location

The Drake sits at the north end of the Magnificent Mile directly across from Oak Street Beach.

  • 140 E Walton Place — immediate access to the Lakefront Trail and Oak Street Beach (about a 3–5 minute walk).
  • Steps from Magnificent Mile shopping, 360 CHICAGO, Water Tower Place and Museum of Contemporary Art.
  • Good choice if you want a lakeshore stay with easy walking access to beach and shopping.

Choose The Drake for direct lakefront access and a classic Gold Coast location.

Park Hyatt Chicago – Location

Park Hyatt Chicago is on N Michigan Avenue, minutes from the Chicago Water Tower and Water Tower Place.

  • 800 N Michigan Ave — roughly a block from Water Tower Place and Michigan Avenue shopping.
  • About 0.8 km (0.5 mi) from Lake Michigan and within easy walking distance to many downtown attractions.
  • Well‑placed for museums, the Riverwalk and Michigan Avenue restaurants and shops.

Pick Park Hyatt for a quieter Michigan Avenue location minutes from the Water Tower and high‑end shopping.

Rooms: Size and style

The Drake – Rooms

The Drake offers a large inventory of individually furnished rooms and many suites that reflect its historic character.

  • 535 guest rooms and 74 suites, including named suites such as the Princess Diana Suite.
  • Room types range from standard Room, 1 King Bed to lake view suites and Presidential Suite options.
  • Rooms are individually furnished and emphasize classic, traditional decor.

The Drake suits travelers who want variety in room types and historic, traditionally styled rooms.

Park Hyatt Chicago – Rooms

Park Hyatt Chicago has 182 guestrooms with a modern, boutique five‑star presentation.

  • Room list includes CITY VIEW, LAKE VIEW, Water Tower View options and multiple suite types including LAKE MICHIGAN SUITE and Presidential Suite.
  • Rooms feature premium bedding, minibars, espresso makers and 65‑inch LCD TVs per listing.
  • Smaller overall room count gives a more intimate, service‑focused feel.

Park Hyatt is a good pick if you prefer a smaller, contemporary five‑star room product with modern in‑room amenities.

Dining & drinks: Afternoon tea vs contemporary dining

The Drake – Dining & drinks

The Drake is known for its historic dining venues and long‑running traditions.

  • Coq d'Or — historic cocktail bar open daily with classic cocktails and American fare (walk‑in friendly).
  • Palm Court — famed afternoon tea served Friday–Sunday with reservations recommended.
  • Cafe on Oak — breakfast spot overlooking Lake Michigan; breakfast is an extra charge.

The Drake is the choice for tradition—afternoon tea, historic bar atmosphere and lakeview breakfasts.

Park Hyatt Chicago – Dining & drinks

Park Hyatt Chicago offers contemporary dining and a hotel bar with cooked‑to‑order breakfasts.

  • NoMI Kitchen serves guests and there's a bar/lounge for drinks.
  • Weekday and weekend cooked‑to‑order breakfast (fee applies).
  • Smaller food & beverage footprint compared with The Drake’s multiple historic venues.

Park Hyatt fits travelers who want modern restaurant dining and a quieter bar experience within the hotel.

Pools & signature amenity

The Drake – Pools & signature amenity

The Drake does not have a public pool; its notable outdoor proximity is Oak Street Beach.

  • No indoor or outdoor on‑site swimming pool.
  • Direct pedestrian access to Oak Street Beach across the street for lake swimming and sunbathing.
  • Fitness center is open 24 hours for on‑site exercise.

If an on‑site pool matters, The Drake isn’t the option — its shoreline location is the main water amenity.

Park Hyatt Chicago – Pools & signature amenity

Park Hyatt Chicago lists an indoor pool plus hot tub and sauna among its on‑site amenities.

  • Indoor pool and hot tub (listing indicates one indoor pool and one hot tub).
  • Sauna and spa treatment rooms complement the pool for a full wellness experience.
  • Pool and spa availability and hours may have reservation requirements per the property.

Park Hyatt is the better choice if you want an on‑site pool and a full spa/wellness program.

Wellness & nightlife: Spa, fitness and evening options

The Drake – Wellness & nightlife

The Drake offers 24‑hour fitness facilities and evening life focused on its historic bar and tea rooms.

  • 24‑hour fitness center with cardio machines, free weights and yoga mats.
  • Nightlife centers on Coq d'Or, a historic cocktail bar with late hours on weekends.
  • No dedicated hotel spa; in‑room massage services can be arranged.

The Drake suits guests who want fitness access and classic late‑night cocktail options rather than a hotel spa.

Park Hyatt Chicago – Wellness & nightlife

Park Hyatt Chicago provides a full‑service spa and 24‑hour fitness facilities in a quiet, upscale environment.

  • Full‑service spa offering massages, facials and body treatments (reservations typically required).
  • 24‑hour fitness center and wellness facilities including sauna and steam room.
  • Hotel bar/lounge provides evening drinks in a more intimate, modern setting.

Pick Park Hyatt if on‑site spa treatments and a comprehensive wellness offering are priorities.

Who Wins? Best Pick by Travel Style

Best for historic Chicago & lake views
Ornate hotel lobby corridor at The Drake with chandelier and patterned carpet

The Drake

The Drake — classic Gold Coast landmark, direct access to Oak Street Beach and iconic venues like Palm Court and Coq d'Or.

Best for on‑site spa & pool
Park Hyatt Chicago, Chicago, Illinois

Park Hyatt Chicago

Park Hyatt Chicago — indoor pool, hot tub, sauna and a full‑service spa for treatments and relaxation.

Best for weddings & large events
Staircase decorated for the holidays at The Drake flanked by toy soldier figures

The Drake

The Drake — multiple large historic ballrooms and 21 event rooms with large capacity for receptions.

Best for a quieter five‑star stay
Park Hyatt Chicago, Chicago, Illinois

Park Hyatt Chicago

Park Hyatt Chicago — smaller room count, boutique five‑star service and contemporary rooms close to Water Tower Place.

Frequently asked questions

The Drake vs Park Hyatt Chicago: FAQs

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Which hotel is closer to Oak Street Beach?

The Drake is directly across from Oak Street Beach (about a 3–5 minute walk); Park Hyatt Chicago is a short walk but not directly on the beach.

Which hotel has an on‑site pool?

Park Hyatt Chicago has an indoor pool and hot tub; The Drake does not have an on‑site swimming pool.

Which property is better for a wedding or large event?

The Drake — it has multiple large historic ballrooms and more event space capacity compared with Park Hyatt’s ~5,000 sq ft and 8 meeting rooms.

Are either of these adults‑only hotels?

No. Neither property is adults‑only; both welcome families and children, though The Drake requires the reservation holder to be 21+ at check‑in.

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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