The Drake Hotel, 140 East Walton Place, Chicago, Illinois, is a luxury, full-service hotel, located downtown on the lake side of Michigan Avenue two blocks north of the John Hancock Center and a block south of Oak Street Beach at the top of the Magnificent Mile. Overlooking Lake Michigan, it was founded in 1920, designed in the Italian Renaissance style by the firm of Marshall and Fox, and soon became one of Chicago’s landmark hotels, a longtime rival of the Palmer House. It has 537 bedrooms and 74 suites, a six-room Presidential Suite, several restaurants, two large ballrooms, the “Palm Court” (a club-like, secluded lobby, and Club International (a members-only club introduced in the 1940s). It is known for the contribution that its silhouette and sign on the lake (Oak Street) façade make to the Gold Coast skyline.