At Hollywood and Highland, this hotel is the only place to stay if you are attending a conference here. Take it from me, with the exception of the Roosevelt across the street, there is no where else to stay in the area.
That said, it is a good hotel that caters very well to a conference. It also is within a short walk of some Hollywood icons including Mann's Chinese Theatre and the Hollywood Star walk. Caution at night, this area is still a bit racy.