The misadventures of four groups of guests at the Beverly Hills Hotel.

A machinist's apprentice in Depression-era New York, David dreams of becoming the new Ronald Colman. Defying the wishes of his parents, David lands a nonpaying job in a seedy theatrical production directed by broken-down ham Marlowe.

Depressed by the direction his life is taking, Harry decides to take his own life by jumping off the Manhattan Bridge. At the last minute he's stopped by old friend Milt Manville, a successful stock broker. Milt, however, is facing his own problem: he has fallen out of love with his argumentative wife, Ellen. In a misguided effort to solve both of their problems, he introduces Ellen to Harry, hoping the two will fall in love.

After her husband loses his job, Marianne moves from Beverly Hills to a nightmare New York City. She hires ditzy psychic Reva to redecorate her apartment, and they end up being chased by a crazed killer.