Are you toning it down for NYE?

CHICAGO In Evanston, the "First Night" party was canceled for the first time in 15 years- partly do to costs. However, some hotel parties are toning it down, but keeping the party in place.

At the Hyatt Regency, reservations for New Year's Eve are strong. According to the general manager, the hotel dropped its prices, which led to a more ticket and package sales.

"We felt we need to give value for money and that's what we've done with our New Years Eve bookings. What we found is that our bookings have been back to 2004, 2005 levels which were record year," said Hyatt General Manager Patrick Donelly.

The Hyatt will have an open bar, dinner buffet, entertainment and countdown festivities.

At the Four Seasons, there'll be dinner, dancing, champagne and live music. The five-star hotel also lowered its New Year's Eve price- and providing options. Patrons can enjoy a five course menu at the restaurant, hors d' oeuvres at the bar, or just settle in for a salad and hamburger.

"We wanted to make sure everybody had an opportunity to come and have whatever kind of experience they could have," said Kevin Hickey, executive chef, Four Seasons Hotel. "Spend as much or as little as they want."

Hickey says new years eve sales are where they were last year.

The Sheraton Chicago Hotel and Towers decided to cancel its New Years Eve bash two weeks ago. Management says ticket sales were not going well and they were worried about the economy.

However, across Wacker Drive the Swissotel Chicago is sold out for its New Years Eve extravaganza, which includes dinner, dancing , champagne and discounted rooms.

"We sold out all of our packages. The Palm Restaurant is sold out. We are delighted," said John Breisacher, Swissotel Chicago manager.

200 East Supper Club on Chestnut is also sold out for New Years Eve. There, revelers can eat , party and dance the night away. They are also sold out for the Eve of the Eve on Tuesday.

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