The Roosevelt Hotel is one of the most known hotels in Los Angeles and brings back a time when Hollywood was all about glamour and movie stars. Opening in 1927 the 12 story Spanish styled building has been home or played guest to many of the huge names of the golden era of movies and was the home of the 1st Academy Awards back in 1929. Some notable people who lived at the Roosevelt include Marilyn Monroe, Montgomery Clift, other people who have stayed there include Charlie Chaplin, Errol Flynn, Shirley Temple, Elizabeth Taylor, Frank Sinatra, and Clark Gable who allegedly paid five dollars for the penthouse with friend Carole Lombard. The hotel t is now managed by Thompson Hotels who have several trendy hotels in Los Angeles.