The Palomar is an excellent hotel over all. We stayed here two nights and found it to be a great choice.
The room was spacious, elegant, clean and very quiet. The bed was soft, comfortable and gave us excellent sleep quality. The service from all people we met where of the very highest standard but not at all arrogant at any level. The breakfast was a menu-based style (no buffet), but met also every expectation we had.
The location is great, right next to Michigan Avenue and the hotel itself is located close to lots of good restaurants. Highly recommended.
Only negative thing to mention was that we found the a/c to be noisy, but it certainly worked well.