The first Academy Awards ceremony was held on May 16, 1929. It was a quiet affair compared to the glamor and glitz that accompany the ceremonies of today. Since the winners were announced to the press on Monday, February 18, 1929 - three months early - the 250 people who attended the black-tie banquet in the Blossom Room of the Hollywood Roosevelt Hotel weren't anxious for the results to be announced. -Michael Davis
A dramatic $30 million renovation in 2005 wrapped this onetime celebrity favorite in a hip new Dodd Mitchell design (while retaining much of the building’s vintage hand-crafted woodwork), bringing it back to vibrant life. That’s a very good thing: after hosting the first-ever Academy Awards ceremony in 1929, and playing second home to some serious luminaries—the spectacular 3,800-square-foot Gable/Lombard Penthouse is named after its two most famous cohabitants—the Roosevelt went into decline in the later half of the century. Now the hotel draws every starlet not currently in jail or rehab. The 240 tower rooms are chic, contemporary spaces upholstered in chocolate and cream, while the 60 cabana rooms—ideal bachelor pads—are decked out in rich wood and an abundance of mirrors.
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