I stayed at the Palomar for 4 nights between April 19th and 23th 2012 and was impressed. The Palomar truly offers the service that you expect from a hotel in this class (but that you rarely get anymore these days). Whilst the rooms, lobby and the hotel overall are comparable to other hotels in its class, it is the eye for detail that sets the Palomar apart (ranging from the lighting in the room, to the daily wine reception in the lobby, to the helpful people at the reception (receptionist Indre was lovely). The Palomar is a breath of fresh air when compared to the chain Marriots or the Hiltons in the same area). Compliments to the staff of the hotel!
From a practical point of view, the hotel is very well located just two blocks away from the Magnificent Mile and next to the Grand Red metro station (with easy access to and from the airport - be it O'Hare or Midway - so no need to face the costly taxi ride and rush hour traffic).
I booked the Hotel through Hotels.com and got a very acceptable rate (GBP 112).
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