Unfortunately historic equals old
Stayed in this hotel for two nights on a business trip. Beautiful lobby area. I love the spanish tile. The room was far less impressive than the lobby. The bathroom was the size of a closet. The room was spacious but rundown. No a/c in the common areas . . . the halls felt like a sauna on the 12th floor.
The meeting facilities were well managed from what I could tell. We had a small conference room for two days.
Service was good. Good location if you want to be in the center of Hollywood, although frankly I don't know why you would.
I expected more for the price, location, and reputation.