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Millennium Knickerbocker Hotel Chicago Review: As part of a multi-million dollar renovation in 2009, the 304 guest rooms and twenty suites are sleek and modern at this historic hotel, which dates back to 1927. All of the expected amenities are here. Still, most stay at this hotel for the meeting spaces, which are well designed for the myriad needs of the groups that make up a majority of the clientele. The commodious reception area houses the handsome, oak-paneled Martini Bar, which is the home of more than 50 different kinds of martinis. It's also the site of NiX restaurant, where fusion cooking blends flavors of the American Southwest with the Pacific Rim. For a big do, the grand ballroom boasts a 28-foot gilded ceiling and crystal chandeliers; it can hold as many as 750 people. The hotel sits along the Magnificent Mile, a short romp from Lake Michigan. It is perfect for visiting many of downtown's most popular tourist destinations, such as Grant Park, Navy Pier and the Art Institute of Chicago. The Magnificent Mile is a short distance from the Loop financial district, offering convenience to business travelers.