A nice addition to your Hollywood Party would be the Stanchion Party Props. These red rope decorations can be easily attached to your wall. There are 9 Stanchion Party Props to a package, and they are made of a thin plastic material.
I've always wanted a glamorous New Years' eve party with this theme. We don't drink in my family, only on trips (like glass of wine in France or Italy) or parties or special occasions like New Years: must have champagne that night.