HotelChatter

There are chairs, a dining room table, folding “camp” stools, a bed, a chest of drawers and other pieces from the Bottega Veneta collection, as well as a brisée from the META line, produced in collaboration with Poltrona Frau. Fans will quickly recognize the signature neutral palette, though they'll likely go gaga for textures like soft New Zealand wool carpets and Ashahi bookcloth and mohair-velvet wall coverings and upholstery. Leather pillows, Venetian glassware and cashmere throws also come from the line’s home collection.

Fashionistas might also be the only ones who can rationalize the price tag of $4,500 per night. Yowza. On the upside, it’s still less than the new Water Tower Suite, also revealed at the same time as the Lake Suite. Located on the 18th floor and boasting more space, a double-sided fireplace, kitchen, wet bar, dining room and luxe amenities like a 52-inch flat screen, the Water Tower Suite will run you $6,000 per night. Double yowza. We're hoping you get to take home a piece of furniture as a souvenir for that price.

We’ll be back soon for a live look at both suites, so stay tuned to find out whether we’d throw down that kind of dough for a dreamy, one-of-a-kind stay. At first glance? We’d say hell yes.

Beyond the new Bottega Veneta and Water Tower suites, we found more "modest" Park Suites starting at $895 and standard Park Kings for $495. And, at least there's something free. The WiFi.

Photos: Park Hyatt Chicago