Rojo Lounge, located in the lobby of Palms Place (located next to the Palms), is what you'd imagine hotel lobbies were like during the Rat Pack days. There's the separate lounge (with a capacity of 75), which is intimate and features a red-lit bar, vinyl booths and bottle service. And then there's the actual lobby, which ups the capacity of the whole place to more than 200.
The lounge opens at noon daily and stays open till 2 a.m., with different DJ talent coming in on certain nights of the week. There's a kind of posh vibe about the whole thing, where you feel about 10 points sharper than normal.
If you're not springing for bottle service, the bar is well stocked and there are some signature cocktails (like the Raspberry Rojo -- raspberry vodka, framboise, lemon and raspberries with a sugar trim) that'll make you look as swanky as the decor when you casually sip from them.